Workers’ compensation provides medical expenses, lost wages, and rehabilitation costs to employees who are injured or become ill on the job. It also pays death benefits to families of employees who are killed on the job. The coverage is mandated by each state and the wage and medical benefits vary by state.
CLEAR Insurance provides a single point of contact for clear, understandable and unbiased recommendations for all your insurance needs. Whether in the area of commercial coverages for a business or in personal coverage, the CLEAR Insurance team is here to help you protect what matters most.
All states, other than Texas, require businesses with employees who are not owners, to purchase and maintain workers’ compensation coverage for those employees.
In most states, only regular employees are eligible for workers' compensation, not independent contractors. Check with an agent to learn your state workers’ comp agency to determine their position on workers’ comp coverage for independent contractors.
Businesses that fail to provide workers’ compensation coverage can face severe and costly repercussions including payment of claims out of pocket, fines and possible imprisonment, as well as possibly losing the right to conduct business in the state.
That depends on your ownership status and the customers or clients that you work for.
If you’re a sole proprietor, partner, or LLC member in a firm with no employees, you (and all the other owners) can apply for the workers’ comp exemption that applies to your ownership status.
Your customers or clients may ask to see your workers' compensation certificate before hiring you to do business. If you don’t have coverage and you get injured while working for a customer or client, they might be liable for your medical expenses. Similarly, if you hire independent contractors and they don’t have their own workers’ comp coverage – and you don’t either – your customer might wind up being liable for worker injuries.
Both employees and employers are covered and have benefits provided to them.
Insurance rates and premiums can vary by state and various factors, which may include:
Above all, we are independent from any insurance company and we work for you, in getting the best products, at the best price and service you will come to expect and can’t do without.