As an independent contractor in Cutler, 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 Cutler 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 Cutler CA 93615 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
Understanding Workers’ Compensation Insurance and More
The majority of mid-sized businesses in Cutler will usually have at least a staff member or more. Hence, 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 happens to any of your workers.
Workers’ compensation insurance coverage in Cutler CA is an insurance policy that supplies wage replacement and medical expenditures to your workers in case they are hurt. This policy is in exchange for compulsory relinquishment of their right to take legal action against the employer for compensation.
Why This Policy Is Valuable
This policy serves to safeguard the company from punitive claims by their workers. Often, the suits can cause monetary damages resulting in the business to become insolvent when the damages granted are too expensive for the employer to manage. Hence, this system of collective liability was adopted to fix the problem.
The compensation plans in Cutler vary amongst jurisdictions. Nevertheless, in general terms, a type of disability insurance through replacement of salaries 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 awarded to the employees’ dependents in case of death.
As an entrepreneur, you should comprehend why such an insurance plan comes in handy. Apart from saving you from lawsuits that can damage your credibility, it also prevents you from shutting down due to high damages awarded to the hurt employee.
The Policy Is Not Standardized
The workers’ compensation insurance plans are regulated by the individual states and territories business is located. Hence, there isn’t a single rule that is followed when granting damages. Thus, when your company expands to other states, it would be prudent to find out from your attorney how the law operates in that area, and therefore you can change the policy accordingly.
Typically, damages sought for pain and suffering due to the negligence of the employer along with compensatory 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 remains in place.
Not All Businesses Apply
Not all companies need to have workers’ compensation insurance in place. For example, small businesses (specifically sole proprietorships and collaborations) will not need the insurance coverage unless they have employees who aren’t also owners. In some cases, the state laws will enable the owners to get the compensation plan for themselves (as their own staff members) if they want.
Some states also do not need the business to have compensation insurance plan in place if the workers are solely paid on commission. Depending on the state, the law may treat uninsured specialists as employees in case they are injured 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. The majority of companies take measures to ensure that their work environment is safe, but mishaps do take place, and livelihoods are lost as a result. Thus, getting workers’ compensation insurance will safeguard both you and your employees in the event of a mishap.