N.Y. Comp. Codes R. & Regs. tit. 11, Appendices, app 4
EXCESS LINE PREMIUM TAX ALLOCATION SCHEDULE
Criteria for Tax Allocation of Multi-State Risks for Insurance Contracts that have an Effective Date Prior to July 21, 2011
Code | Classification | Allocate to State by |
PROPERTY INSURANCE: | ||
01 | Real Property (including buildings and other permanent additions) | Insured value of structures and other property in state |
02 | Personal Property (including inland marine) | Insured value of property permanently or principally situated in state |
03 | Business Interruption, Time Element, or similar time valued coverages | Insured time valued elements in state |
04 | Farmowners, Homeowners, and Businessowners (BOP) | Insured value of structures and other property in state |
05 | Aircraft | Insured value of aircraft principally hangared or principally used in state |
06 | Motor Vehicle | Insured value of motor vehicles principally garaged or principally used in state |
07 | Kidnap & Ransom | Number of insured employees principally employed in state |
08 | Ocean Marine | None to state |
FIDELITY AND SURETY: | ||
11 | Fidelity, Forgery, and other Indemnity Bonds | Number of insured employees in state |
12 | Bankers Blanket Bonds | Number of insured employees in state |
13 | Performance Bonds | Total bond value of contracts in state |
14 | Other Surety Bonds | Total bond value of contracts in state |
CREDIT INSURANCE: | ||
21 | Credit Insurance | Value of insured debt in state |
RESIDUAL VALUE INSURANCE: | ||
31 | Residual Value Insurance | Allocate to value of underlying property |
LIABILITY INSURANCE: | ||
41 | Manufacturers and Contractors | Payroll in state |
42 | Premises Operations | Square footage of premises in state |
43 | Owners and Contractors Protective | Cost of contract in state |
44 | Products | Number of units manufactured in state |
45 | Completed Operations | Receipts in state |
46 | Municipalities, Public Authorities and other Political Subdivisions | Number of municipalities, etc. in state |
47 | Child Care | Number of children in state |
48 | Contractual | If "stand alone" policy, value of sales in state |
49 | Recreational | Amount of gate receipts in state |
50 | Environmental Impairment | Number of units of exposure in state |
51 | Asbestos Abatement | Payroll in state |
52 | Employee/Member Benefit Program | Number of employees/members in state |
53 | Special Events | Number of events in state |
54 | Professional Liability | Number of insureds in state |
55 | Errors and Omissions Directors and Officers: | Revenues generated in state |
56-A | For-Profit Organization | Revenues generated in state |
56-B | Not-for-Profit Organization | Number of directors and officers based in state |
57 | Hospital, Nursing Home, and Adult Home | Number of beds in state plus one additional bed for each 100 outpatient visits at locations in state |
58 | Liquor Liability | Receipts from sales of alcoholic beverages in state |
59 | Railroad Protective | Miles of track in state |
60 | Aircraft | Number of aircraft principally hangared or principally used in state |
61 | Motor Vehicle | Number of motor vehicles principally garaged or principally used in state |
62 | Umbrella | Classification of predominant coverage; except if underlying coverages are divisible, then use underlying classifications |
63 | Excess Liability | If directly over primary, use underlying classifications. If over umbrella, use method in Code 62. |
N.Y. Comp. Codes R. & Regs. tit. 11, Appendices, app 4