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Cost Comparison
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January 25, 2007
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Code
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Description
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Payroll
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Rate**
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Premium
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8017
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Retail Store |
$429,200 |
2.33 |
$10,000 |
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Total
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$429,200 |
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$10,000 |
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Standard
Carrier
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vs.
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State Ins. Fund
Group #556
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Policy
Period
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Annual
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Annual
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Standard
Premium
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$10,000
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$10,000 |
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Experience
Modification
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0.91 |
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0.91 |
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Modified
Premium
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$9,100 |
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$9,100 |
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Premium
Discount
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($446)
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($2,275)
25%
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Expense
Constant
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$200
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$200
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Foreign
Terrorism
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$146
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$146 |
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Domestic
Terrorism
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$43 |
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$43 |
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Net
Premium
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$9,043 |
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$7,214 |
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Administration
Fee
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N/A
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$728 |
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NYS
Assessment (18.6%)
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$1,645 |
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$1,305 |
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NY
Security Fund
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$214 |
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N/A
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Premium
w/out Dividend
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$10,902 |
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$9,247 |
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Dividend*
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$0
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($2,676)
37.1% (Average since 1992)
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Premium
with Dividend*
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$10,902 |
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$6,570 |
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Dividend History
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2005-06
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35.0%
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2004-05
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35.0%
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2003-04
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35.0%
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*Dividends are not
guaranteed First Rehabilitation Co. $1.85/male $4.10/female per
month **effective 10/1/06 |
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Learn more at
www.friedlandergroup.com/demo |
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Go to top
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This website is provided for
information only. It is not intended as a solicitation of insurance in any
state other than New York.
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Friedlander
Group®, Inc.
2500 Westchester Ave., Suite 400A
Purchase, N.Y. 10577
Phone: (914) 694-6000
Fax: (914) 694-6004
email: adamf@friedlandergroup.com


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