As an independent contractor in Delano, 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 Company Near Me In Delano 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 Delano CA 93215 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 Delano will usually have at least an employee or 2. 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 staff members.
Workers’ compensation insurance coverage in Delano CA is an insurance policy that supplies wage replacement and medical expenditures to your employees in case they are hurt. This policy is in exchange for obligatory forfeiture of their right to take legal action against the company for compensation.
Why This Policy Is Helpful
This policy serves to protect the company from punitive lawsuits by their staff members. In some cases, the lawsuits can cause financial damages leading to the business to become insolvent when the damages granted are too expensive for the company to manage. Thus, this system of cumulative liability was adopted to fix the concern.
The compensation strategies in Delano differ amongst jurisdictions. Nevertheless, in general terms, a type of disability insurance through replacement of incomes can be adopted. There will also be compensation for the economic loss for the injured staff member, payment or reimbursement of medical expenditures in addition to benefits awarded to the staff members’ dependents in case of death.
As a business owner, you should comprehend why such an insurance plan comes in handy. Apart from saving you from suits that can damage your credibility, it also prevents you from shutting down due to high damages awarded to the injured worker.
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 works in that area, and therefore you can adjust the policy accordingly.
Usually, damages sought for pain and suffering due to the carelessness of the company as well as punitive damages for the company are not covered by the workers’ compensation plan. Hence, it would be prudent for the employer 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 businesses (specifically sole proprietorships and partnerships) won’t need the insurance coverage unless they have employees who aren’t also owners. In some cases, the state laws will permit the owners to get the compensation plan for themselves (as their own workers) if they want.
Some states also don’t require the business to have compensation insurance plan in place if the workers are exclusively paid on commission. Depending on the state, the law might treat uninsured professionals as workers in case they are hurt while working for you.
Getting the Plan
As a rule, if you have employees who aren’t owners, then it is a requirement to have such compensation insurance plans in place. Most employers take measures to ensure that their work environment is safe, but accidents do occur, and livelihoods are lost as a result. Hence, getting workers’ compensation insurance will safeguard both you and your workers in case of an accident.