As an independent contractor in Crows Landing, 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 Crows Landing 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 Crows Landing CA 95313 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
Most mid-sized businesses in Crows Landing will normally have at least a staff member or more. Therefore, as an entrepreneur, 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 workers.
Workers’ compensation insurance coverage in Crows Landing CA is an insurance policy that offers wage replacement and medical expenditures to your employees in case they are hurt. This policy is in exchange for mandatory forfeiture of their right to take legal action against the employer for compensation.
Why This Policy Is Helpful
This policy serves to protect the employer from punitive suits by their employees. In some cases, the claims can cause financial damages causing the business to become insolvent when the damages awarded are too high for the company to pay for. Hence, this system of collective liability was adopted to fix the problem.
The compensation strategies in Crows Landing differ amongst jurisdictions. Nevertheless, in general terms, a form of disability insurance in the form of replacement of wages can be adopted. There will also be compensation for the economic loss for the hurt worker, payment or reimbursement of medical expenses as well as benefits granted to the staff members’ dependents in case of death.
As an entrepreneur, you should comprehend why such an insurance policy comes in handy. Apart from saving you from claims that can damage your reputation, it also prevents you from closing down due to high damages granted to the hurt employee.
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 really 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 adjust the policy accordingly.
Typically, damages sought for pain and suffering due to the neglect of the company along with compensatory damages for the employer are not covered by the workers’ compensation plan. Therefore, it would be prudent for the employer to make sure that none of their policies or operations directly put the staff members at risk of injury just because such an insurance plan is 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 collaborations) will not require the insurance coverage unless they have staff members who aren’t also owners. Often, the state laws will enable the owners to get the compensation plan for themselves (as their own staff members) if they wish.
Some states also do not need the business to have compensation insurance plan in place if the workers are solely paid on commission. Depending upon the state, the law may treat uninsured professionals as employees 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. Most companies take measures to guarantee that their work environment is safe, but mishaps do happen, and livelihoods are lost as a result. Hence, getting workers’ compensation insurance will protect both you and your employees in the event of an accident.