As an independent contractor in Sierra County, 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 Agency Near Me In Sierra County 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 Sierra County CA 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.
Comprehending Workers’ Compensation Insurance and More
The majority of mid-sized businesses in Sierra County will typically have at least a staff member or two. Therefore, 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 happens to any of your employees.
Workers’ compensation insurance coverage in Sierra County CA is an insurance policy that supplies wage replacement and medical costs to your staff members in case they are hurt. This policy is in exchange for mandatory relinquishment of their right to take legal action against the company for compensation.
Why This Policy Is Practical
This policy serves to safeguard the company from punitive lawsuits by their staff members. Often, the claims can cause monetary damages causing the business to become insolvent when the damages awarded are too high for the employer to pay for. Thus, this system of collective liability was adopted to resolve the concern.
The compensation strategies in Sierra County vary amongst jurisdictions. However, 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 employee, payment or reimbursement of medical expenses as well as benefits granted to the workers’ 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 claims that can damage your reputation, it also prevents you from shutting down due to high damages awarded to the injured staff member.
The Policy Is Not Standardized
The workers’ compensation insurance coverage are controlled by the individual states and territories business is located. Therefore, there isn’t really a single rule that is followed when granting damages. Thus, when your company expands to other states, it would be prudent to learn from your lawyer how the law operates in that location, and therefore you can adjust the policy appropriately.
Usually, 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. Hence, it would be prudent for the employer to make sure that none of their policies or operations directly put the employees at risk of injury even if 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 partnerships) won’t need the insurance coverage unless they have staff members 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 employees) if they wish.
Some states also do not require the business to have compensation insurance plan in place if the workers are exclusively paid on commission. Depending upon 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 staff members who aren’t owners, then it is a requirement to have such compensation insurance plans in place. Many employers take measures to ensure that their workplace is safe, but mishaps do happen, and incomes are lost as a result. Therefore, getting workers’ compensation insurance will safeguard both you and your staff members in case of an accident.
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