|
Workers compensation coverage is mandatory in
California. If you employ even a part-time employee, you must protect that
employee from injury while on the job. California has severe penalties for
employers who circumvent the process.
An employer may think that someone he or she employs is
not eligible for workers compensation coverage because of how they are
paid. Just because an employer pays by 1099 instead of W-2, does not
automatically create an "independent contractor" status. There
are criteria for such status, and if they are not met, the employer could
actually have an employee and not know it. Similarly, there are criteria
for company officers, owners and volunteer laborers.
There are many insurance carriers providing workers
compensation coverage in California. Each one has filed rating plans with
the State of California. The plans detail what sort of discounts and
surcharges the insurance company might offer on a policy. The carriers
have also made determinations as to what types of businesses they would
like to insure and the minimum size businesses they will insure. For
these reasons, the process of finding out the cost of workers compensation
coverage for a business involves actually submitting applications to all
the likely insurance carriers so they can evaluate the application and
provide a quote. The same carrier could provide different net rates for
similar businesses based upon many criteria.
We will access the most competitive carriers to provide
the best quotes for you, and we can do it conveniently by phone, fax and
email. Please contact us with any questions you may have, or to begin the
process. |
