As an independent contractor in Whiskeytown, 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 Whiskeytown 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 Whiskeytown CA 96095 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
A lot of mid-sized businesses in Whiskeytown will typically 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 occurs to any of your staff members.
Workers’ compensation insurance coverage in Whiskeytown CA is an insurance policy that offers wage replacement and medical costs to your workers in case they are hurt. This policy is in exchange for mandatory relinquishment of their right to sue the company for compensation.
Why This Policy Is Handy
This policy serves to protect the company from punitive lawsuits by their workers. Sometimes, the lawsuits can cause monetary damages causing the business to become insolvent when the damages awarded are too high for the company to manage. Hence, this system of collective liability was adopted to fix the problem.
The compensation strategies in Whiskeytown vary amongst jurisdictions. Nevertheless, in general terms, a kind of disability insurance in the form of replacement of wages can be adopted. There will also be compensation for the economic loss for the injured worker, payment or repayment of medical costs in addition to benefits awarded to the employees’ dependents in case of death.
As a company owner, you should understand why such an insurance coverage is handy. Apart from saving you from lawsuits that can damage your track record, it also prevents you from closing down due to high damages awarded to the hurt worker.
The Policy Is Not Standardized
The workers’ compensation insurance coverage are managed by the individual states and areas business is located. Hence, there isn’t really a single guideline that is followed when awarding damages. Thus, when your company expands to other states, it would be prudent to discover from your attorney how the law works in that location, and therefore you can change the policy accordingly.
Usually, damages sought for pain and suffering due to the neglect of the employer as well as punitive damages for the company are not covered by the workers’ compensation plan. Therefore, it would be prudent for the employer to make sure that none of their policies or operations directly put the staff members 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 (particularly sole proprietorships and partnerships) won’t require the insurance coverage unless they have employees who aren’t also owners. Often, 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 need the business to have compensation insurance plan in place if the workers are solely 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 workers 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 work environment is safe, but mishaps do take place, and livelihoods are lost as a result. Therefore, getting workers’ compensation insurance will safeguard both you and your workers in case of a mishap.