As an independent contractor in San Bernardino, 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 Experts Near Me In San Bernardino 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 San Bernardino CA 92401 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
Many mid-sized businesses in San Bernardino will usually have at least an employee 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 happens to any of your workers.
Workers’ compensation insurance coverage in San Bernardino CA is an insurance policy that provides wage replacement and medical expenditures to your staff members in case they are injured. This policy is in exchange for obligatory forfeiture of their right to take legal action against the employer for compensation.
Why This Policy Is Handy
This policy serves to safeguard the employer from punitive claims by their employees. In some cases, the suits can cause financial damages causing the business to become insolvent when the damages granted are too high for the employer to pay for. Therefore, this system of cumulative liability was adopted to resolve the concern.
The compensation strategies in San Bernardino differ among jurisdictions. Nevertheless, in general terms, a kind of disability insurance in the form of replacement of salaries can be adopted. There will also be compensation for the economic loss for the hurt worker, payment or reimbursement of medical expenditures as well as benefits granted to the workers’ dependents in case of death.
As a business owner, you should understand why such an insurance policy is handy. Apart from saving you from lawsuits 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 coverage are regulated by the individual states and territories business is located. Therefore, there isn’t really a single rule that is followed when awarding damages. Therefore, 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.
Generally, damages sought for pain and suffering due to the carelessness 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 (especially sole proprietorships and collaborations) will not require the insurance coverage unless they have staff members who aren’t also owners. In some cases, the state laws will allow the owners to get the compensation plan for themselves (as their own employees) if they wish.
Some states also do not require the business to have compensation insurance plan in place if the employees are solely paid on commission. Depending on the state, the law might treat uninsured professionals as workers in case they are injured 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. A lot of companies take measures to make sure that their work environment is safe, but accidents do happen, and livelihoods are lost as a result. Therefore, getting workers’ compensation insurance will protect both you and your employees in the event of a mishap.