As an independent contractor in Alpine County, there are times when the folks working for you fall into gray areas where you may or may not need workers compensation insurance coverage. Do you fully understand the laws and obligations? We do, and it’s still hard to explain or just depends upon your individual situation. Don’t presume or take the word of someone who “may” know. Protect yourself, your interests and your workers and call the experts at California Contractors Insurance. We’ll give it to you straight and tell you exactly the type of workers compensation insurance you need.
Workers Compensation Insurance Agency Near Me In Alpine County California
The worker’s compensation insurance experts at California Contractors Insurance have years of experience in the field of contractors insurance. Each of our highly skilled and certified agents is adept at designing workers compensation insurance policies that will meet the Alpine County CA legal requirements and the comprehensive coverage you and your workers need. Do you know what your obligations are when it comes to workers compensation insurance? Don’t guess and hope, find out and get covered. Trust us, you’ll sleep better knowing you have the coverage you need and require. As an independent contractor, you have enough to worry about, let us help provide you with the peace of mind you need.
Free Workers Compensation Insurance Quote – (888) 728-4034
Workers compensation insurance and health insurance are not the same things. Know the difference? We do, so call California Contractors Insurance at (888) 728-4034 and we’ll provide you with the right coverage your business needs. Request a free, no-obligation quote today and protect your business and your workers today. You’ll be glad you did.
Understanding Workers’ Compensation Insurance and More
Many mid-sized businesses in Alpine County will usually have at least a worker or two. Thus, as a company owner, having some knowledge on how workers’ compensation insurance works will go a long way in saving you a grand headache and financial damages in case something occurs to any of your employees.
Workers’ compensation insurance coverage in Alpine County CA is an insurance policy that offers wage replacement and medical expenses to your staff members in case they are hurt. This policy is in exchange for compulsory relinquishment of their right to take legal action against the company for compensation.
Why This Policy Is Practical
This policy serves to protect the company from punitive suits by their employees. Sometimes, the suits can cause financial damages leading to the business to become insolvent when the damages awarded are too expensive for the employer to manage. Hence, this system of collective liability was adopted to resolve the issue.
The compensation strategies in Alpine County differ among jurisdictions. However, in general terms, a kind of disability insurance through replacement of salaries can be adopted. There will also be compensation for the economic loss for the hurt worker, payment or reimbursement of medical costs in addition to benefits granted to the workers’ dependents in case of death.
As a business owner, you should comprehend why such an insurance coverage comes in handy. Apart from saving you from claims that can damage your track record, it also prevents you from shutting down due to high damages awarded to the hurt staff member.
The Policy Is Not Standardized
The workers’ compensation insurance plans are managed by the individual states and areas the business is located. Thus, there isn’t a single guideline that is followed when granting damages. Therefore, when your company expands to other states, it would be prudent to learn from your attorney how the law operates in that area, and therefore you can adjust the policy accordingly.
Generally, damages sought for pain and suffering due to the negligence of the company along with punitive damages for the company are not covered by the workers’ compensation plan. Hence, it would be prudent for the company to make sure that none of their policies or operations directly put the workers at risk of injury just because such an insurance plan remains in place.
Not All Businesses Apply
Not all companies have to have workers’ compensation insurance in place. For instance, small companies (particularly sole proprietorships and partnerships) will not need the insurance coverage unless they have staff members who aren’t also owners. In some cases, the state laws will allow the owners to get the compensation plan for themselves (as their own staff members) if they wish.
Some states also do not require the business to have compensation insurance plan in place if the staff members are solely paid on commission. Depending on the state, the law may deal with uninsured contractors as workers in case they are injured while working for you.
Getting the Plan
As a rule, if you have staff members who aren’t owners, then it is a requirement to have such compensation insurance plans in place. The majority of companies take measures to guarantee that their workplace is safe, but mishaps do occur, and livelihoods are lost as a result. Therefore, getting workers’ compensation insurance will safeguard both you and your employees in case of a mishap.