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Workers Compensation Insurance in Oakhurst CAAs an independent contractor in Oakhurst, 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 Oakhurst 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 Oakhurst CA 93644 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

Most mid-sized businesses in Oakhurst will generally have at least a worker or 2. Thus, as a business 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 Oakhurst CA is an insurance policy that provides wage replacement and medical costs to your workers in case they are injured. This policy is in exchange for compulsory relinquishment of their right to take legal action against the employer for compensation.

Why This Policy Is Practical

This policy serves to safeguard the employer from punitive lawsuits by their workers. Often, the suits can cause financial damages leading to the business to become insolvent when the damages granted are too high for the company to manage. Thus, this system of cumulative liability was adopted to solve the problem.

The compensation strategies in Oakhurst vary among jurisdictions. However, in general terms, a type of disability insurance in the form of replacement of incomes can be adopted. There will also be compensation for the economic loss for the hurt staff member, payment or reimbursement of medical expenses along with benefits awarded to the workers’ dependents in case of death.

As an entrepreneur, you should comprehend why such an insurance coverage is 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 employee.

The Policy Is Not Standardized

The workers’ compensation insurance plans are managed by the individual states and territories the business is located. Therefore, there isn’t a single guideline that is followed when awarding damages. Therefore, when your company expands to other states, it would be prudent to learn from your attorney how the law operates in that location, and therefore you can adjust the policy accordingly.

Normally, damages sought for pain and suffering due to the neglect of the company as well as compensatory damages for the employer are not covered by the workers’ compensation plan. Thus, it would be prudent for the company to make sure that none of their policies or operations directly put the employees at risk of injury even if such an insurance plan is in place.

Not All Businesses Apply

Oakhurst Workers Compensation InsuranceNot all companies need to have workers’ compensation insurance in place. For instance, small companies (particularly sole proprietorships and partnerships) won’t need the insurance coverage unless they have staff members 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 employees) if they want.

Some states also do not require the business to have compensation insurance plan in place if the workers are exclusively paid on commission. Depending on the state, the law may deal with uninsured contractors as staff members in case they are hurt 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. A lot of companies take measures to guarantee that their workplace is safe, but accidents do take place, and livelihoods are lost as a result. Thus, getting workers’ compensation insurance will safeguard both you and your employees in case of a mishap.

Learn More About Oakhurst CA 93644

Oakhurst is a city in Madera County, California with a total population of approximately 8,637. Oakhurst, which uses the 559 area code, is located at 37.41541, -119.511 at an elevation of 272 feet. There are over 3,668 households and on average there are 2.34 people in each household with a median age of 50.4. The average income in the area is $42,939 and the average home value is $241,100.