Workers' compensation insurance
The rules around workers’ compensation can get confusing when you don’t have employees. Here’s a clear breakdown of when it’s required, when it’s not, and why you might still want coverage even as a...
Limited liability companies are often required by state law to carry workers' compensation insurance if they hire employees. LLCs without employees often benefit from a workers' compensation policy,...
Most states don’t require companies to provide workers’ compensation coverage for independent contractors. Still, many freelancers and subcontractors choose to carry it themselves since it can cover medical costs from work-related injuries that health insurance often excludes.
Workers’ compensation, disability insurance, and health insurance pay for medical costs or lost wages due to illness or injury. But what they cover and when they kick in depends on the policy.
Regulations for workers’ compensation insurance vary by state. Learn more about workers’ compensation state laws and how they apply to your small business.
State laws usually require businesses to buy workers' compensation insurance when they have employees. But even if you work as a sole proprietor, you may still need this coverage.
State laws often don't require independent contractors and self-employed professionals to carry workers' comp. But it may still be necessary depending on your profession and industry risks.
A workers’ compensation ghost policy is an affordable way for small business owners to attain the proof of workers’ comp coverage they need to qualify for contracts, but it does not provide actual workers’ comp benefits.
Most states require workers' compensation for small businesses that have employees. Learn what this policy covers, when it's required, and other answers to frequently asked questions.
The average premium for workers' compensation insurance is about $45 per month. Your exact cost will depend on several factors, including your policy limits, business location, and number of employees.
Workers' compensation insurance covers the cost of work-related injuries. It's required for California businesses that have employees and every licensed contractor.
