As an independent contractor in Blue Jay, 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 Specialists Near Me In Blue Jay 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 Blue Jay CA 92317 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.
More About Workers Compensation Insurance
Comprehending Workers’ Compensation Insurance and More
The majority of mid-sized businesses in Blue Jay will usually have at least an employee or 2. Therefore, 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 takes place to any of your staff members.
Workers’ compensation insurance coverage in Blue Jay CA is an insurance policy that supplies wage replacement and medical costs to your employees in case they are injured. This policy is in exchange for compulsory relinquishment of their right to sue the employer for compensation.
Why This Policy Is Practical
This policy serves to protect the company from punitive suits by their staff members. Often, the claims can cause monetary damages causing the business to become insolvent when the damages granted are too high for the company to manage. Therefore, this system of collective liability was adopted to solve the problem.
The compensation strategies in Blue Jay vary amongst jurisdictions. However, in general terms, a form of disability insurance through replacement of earnings can be adopted. There will also be compensation for the financial loss for the hurt worker, payment or compensation of medical expenses along with benefits granted to the workers’ dependents in case of death.
As an entrepreneur, you should understand why such an insurance coverage is handy. Apart from saving you from suits that can damage your track record, it also prevents you from shutting down due to high damages awarded to the injured employee.
The Policy Is Not Standardized
The workers’ compensation insurance coverage are controlled by the individual states and territories business is located. Hence, there isn’t a single rule that is followed when granting damages. Hence, when your company expands to other states, it would be prudent to discover from your lawyer how the law operates in that location, and therefore you can change the policy appropriately.
Usually, damages sought for pain and suffering due to the neglect of the employer in addition to punitive damages for the employer are not covered by the workers’ compensation plan. Therefore, 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 is in place.
Not All Businesses Apply
Not all companies need to have workers’ compensation insurance in place. For example, small companies (particularly sole proprietorships and collaborations) won’t need the insurance coverage unless they have workers who aren’t also owners. Often, the state laws will allow the owners to get the compensation plan for themselves (as their own employees) if they want.
Some states also don’t need the business to have compensation insurance plan in place if the staff members are entirely paid on commission. Depending upon the state, the law might treat uninsured contractors as staff members in case they are hurt while working for you.
Getting the Plan
As a rule, if you have workers who aren’t owners, then it is a requirement to have such compensation insurance plans in place. A lot of companies take measures to ensure that their work environment is safe, but mishaps do occur, and livelihoods are lost as a result. Therefore, getting workers’ compensation insurance will safeguard both you and your staff members in case of an accident.