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Answered 2014-03-21 20:20:29
Contractor Liability InsuranceNo, You can purchase Contractors Liability Insurance as a standalone coverage.

Many companies offer Contractors Liability coverage with or without your workman's compensation coverage. Depending on the nature of your business structure, you may not even need Workers comp coverage.

It is perfectly fine for you to purchase the two coverages separately. You may however get a better rate if purchased together because some companies will offer you a discount for placing multiple policies with the same company.

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Do you need workmans comp as sole proprietor in ma?

By law, it's optional for sole proprietors. Reality can be different though. In the construction trades most general contractors will require any subs who are sole proprietors to have workmans comp. This is what their insurance companies require. If a sub doesn't have workmans comp the insurance company adds their wages to the gc's bill.

What type of workmans com insurance does a carpenter in north carolina need?

Workers compensation insurance is nothing more than "workers compensation insurance". Your question is similar to asking what type of auto liability insurance does a person who drives a car need. There is not "type of workmans com" insurance. Just ask your local insurance agent to help you obtain workers compensation insurance and he will give you a quote.

Is an owner of a corporation exempt from workmans comp insurance?

Yes, if you own a business, you can not collect workmans comp for yourself.

Are condo associations hiring repairs required to carry workmans comp insurance?

Your state law will determine how much liability the association is required to carry, depending on whether you are an employee or a contractor.

Ca S Corp Required To Have Workmans Comp Ins?

If you are the sole owner / employee of your s-corp, workers comp insurance is not required in CA, however some companies you do contract work for may require you to have wc insurance or some type of liability or health insurance.

Can you hire a sub contractor for a 6 month job and not carry workmans comp for him?

Licensed sub-contractors are usually required to obtain their own workers comp insurance and provide proof of same to anyone who hires him.

Can an employer make the employee pay for workmans comp?

can a employer make the employee pay weekly for workmans comp or disability insurance

What are the rights and responsibilities of having a workmans comp insurance?

Workmans Compensation Insurance is a good way to get insurance coverage without emptying out your wallet. You can find more information about the rules and responsibilities and other information on this website: www.workmanscompinsurance.net/faq.html

Does a cleaning business need workmans comp insurance?

yes, any business needs to have insurance ,if they have a employee on the books.

You are hiring a carpenter for a house remodel Do you need to get workmans comp insurance?

You should hire a licensed contractor. He should already have liability insurance and workmen's comp for his employees. If you do not hire a properly licensed contractor, all the liability for anything tha might go wrong falls on you. If your insurance company discovers that you hired an unlicensed contractor, they could, and probably will, deny payment on any claims you may file. Tread cautiously!

How much is workmans compensation insurance?

It depends on the insurance company and their particular experience with the kind of work, number of employees, loss history, management, company's safety program, areas of operation and more. Your insurance agent can discuss options. If you're self-employed, ask about Occupational Accident and Contingent Liability instead of Workers' Compensation.

What type of insurance protects workers who are injured on the job?

This is usually called "Workers' Compensation Insurance", or "Workers' Comp" / "Workmans Comp" for short.

Who do you contact about workmans comp fraud?

The employer, the insurance company, your state board of insurance and your state's workers' compensation bureau are all good to contact about Work Comp insurance fraud.

What type of insurance do you need for your small business to subcontract on commercial jobs?

To start with you would definitely need liability. And if you have employees workmans comp. You don't state what type of business you're in and I don't know if there would be any specialized insurance involved. Do your research and start calling ins. brokers. A 2: Sounds lke you might need Public liability insurance (covers the cost of compensation from anybody injured). You still need to check with your insurance broker before making any decision on the type of insurance you require -------------- subcontractors normally are required to carry and be able to verify their workers comp and state unemployment insurance. There is sometimes a performance bond required for the amount of the work. If vehicles are involved at least basic liability coverage which covers business use of the vehicles. You will most likely be required to sign an agreement indemnifying the owner or general contractor from liability for you workmanship, procedures etc. As above a public liability policy is a good idea to protect yourself.

You are a sub contractor work by your self do have to pay workmans comp?

In some states being a sole proprietor with no employees allows you a waiver for the state required workmans comp insurance. However, many large companies as well as state and federal projects will require WC insurance, regardless of the waiver status.

Does a company of one person need Workmans compensation insurance?

Genrally this means that there is one owner of a business. There are no partners, investors, etc.

What are the various types of insurance policies?

Most of the major types, more than one of which could be included in one policy: 1) auto 2) home /property 3) health 4) life 5) boat 6) farm 7) business / lost income 8) personal liability 9) inland marine 10) garage keepers 11) workmans comp 12) commercial liabililty 13) commerical vehicle 14) umbrella

What if your hurt at work and dont have workmans comp?

if your employer doesn't have workers comp insurance then you sue the company directly. Find a good lawyer.

Where can you get per job workmans comp insurance?

The short answer is... you probably won't be able to find it, ever. There is simply not enough premium collected from a short-term workers comp policy for an insurer to want to accept the potential cost of employee injury claims. To make this more meaningful consider this... your workers compensation policy has no specified maximum limit of coverage (don't confuse the employers liability or part II coverage) except for the settlement amounts and conditions specified by your states industrial insurance laws. The potential payouts are astronomical and can last for decades. That being said, there are types of aggregated policies, such as OCIP's, that include workers compensation as part of the entire portfolio of coverage, for one large construction project. But the premiums for these types of policies are often in the MILLIONS.

Does the insurance company check your credit if you are obtaining workmans comp insurance for your business?

Yes, Your Credit will be important in determining your risk factor for any commercial policy. You can still buy the coverage with poor credit but you pay a higher premium.

Why is replacing galvanized piping so expensive?

Because everyone deserves the American dream of Sharing the wealth thus a decent plumbing helper would make $25 per hr in the envelope and then there is health insurance and liability insurance and workmans comp ins and over head and profit . Being a "citizen of the world" it is your democratic duty to never ever complain no matter how much it cost to hire someone .. Just pay the bill and be thankful

Who governs workmans compensation insurance in North Carolina?

The NC Department of Insurance, 1201 Mail Service Center, Raleigh, NC 27699-1201 919-733-2032 or 800-54..., Fax 919-783-7467, www.doi.state.nc.us

Should a Body Corporate register a gardener for workmans compensation?

Workmans comp. is A good idea for anyone who employs, another person for work, If someone gets hurt you do not want that expense just because you like short grass.,,, laws requiring you to buy insurance for workers varies from state to state.,,,,,,,,Jamison.

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