Workers Compensation

Most States essentially require employers to purchase an insurance policy to handle their statutory obligations to workers who are injured or made ill due to a workplace exposure. Whether your business is small or large, handling the expense and effort in meeting those statutory obligations is an ever-present challenge. So who needs Worker’s Compensation Insurance? That may be the first important question that a business needs to address, because not every business is required to purchase Worker’s Compensation Insurance. Generally speaking, sole proprietors and partnerships are not required to purchase Worker’s Compensation Insurance unless and until they have employees who are not owners.
A general rule is that if you have employees who are not owners of the company, you probably need Worker’s Compensation Insurance. Here is a potential trap to be aware of and avoid: Under most State Worker’s Compensation Laws, you might have employees you don’t know about. That’s because most States will treat an uninsured contractor or subcontractor as your employee if he or she is injured while doing work for your company.
Call Lucchese Insurance Agency to confirm that you are properly covered and protected at an affordable Price.