As an independent contractor in Sebastopol, 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 Sebastopol 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 Sebastopol CA 95472 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
Many mid-sized businesses in Sebastopol will typically have at least an employee or two. 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 workers.
Workers’ compensation insurance coverage in Sebastopol CA is an insurance policy that supplies wage replacement and medical costs to your employees in case they are injured. 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 safeguard the employer from punitive claims by their staff members. Sometimes, the claims can cause financial damages leading to the business to become insolvent when the damages awarded are too high for the company to manage. Hence, this system of cumulative liability was adopted to resolve the concern.
The compensation plans in Sebastopol vary amongst jurisdictions. Nevertheless, in general terms, a form of disability insurance through replacement of earnings can be adopted. There will also be compensation for the economic loss for the hurt worker, payment or compensation of medical expenses as well as benefits granted to the workers’ dependents in case of death.
As an entrepreneur, you should comprehend why such an insurance policy is handy. Apart from saving you from suits that can damage your track record, 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 coverage are regulated by the individual states and territories business is located. Hence, there isn’t a single rule that is followed when granting damages. Hence, 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 adjust the policy accordingly.
Typically, damages sought for pain and suffering due to the neglect of the employer in addition to 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 have to have workers’ compensation insurance in place. For instance, small businesses (especially sole proprietorships and partnerships) will not need the insurance coverage unless they have staff members who aren’t also owners. Often, the state laws will permit the owners to get the compensation plan for themselves (as their own workers) if they wish.
Some states also don’t require the business to have compensation insurance plan in place if the staff members are exclusively paid on commission. Depending on the state, the law may treat uninsured contractors as staff members 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. The majority of employers take measures to guarantee that their workplace is safe, but accidents do take place, and livelihoods are lost as a result. Therefore, getting workers’ compensation insurance will protect both you and your employees in case of a mishap.