Which Businesses Need Worker’s Compensation Insurance?

Each state has its own laws regarding workers’ compensation insurance. Some states require it if you have a specific number of employees above a certain threshold. It’s crucial to understand the rules in your state and the minimum number of employees that necessitate this type of commercial insurance. In Ohio, the requirement is straightforward: if you have one or more employees, you must have workers’ compensation insurance. This means every employee you hire requires coverage. To get started with workers’ compensation insurance for your business, call us at Capretta Insurance Agency in Parma, OH.

Covering Your Employees

According to Ohio law, it doesn’t matter whether an employee is full-time or part-time. All employees, including part-timers, must be covered. Additionally, you cannot wait until after an employee starts to arrange a workers’ compensation policy. The policy must be active on the day the employee begins working. Unless your business operates without any employees, you are required to have this insurance.

Seasonal and Contract Workers

In some cases, contract workers may not need to be covered by workers’ compensation insurance. However, in Ohio, certain contract workers are required to be covered during their contract period. Seasonal workers, on the other hand, are fully included in the requirement for workers’ compensation insurance. Even if you hire extra staff for just one day a year, they must all be covered under your policy.

Get Workers’ Compensation Insurance in Parma, OH

Workers’ compensation insurance is essential for your employees, but it’s equally important for protecting your business. Without it, you could face lawsuits, substantial medical expenses, and fines for non-compliance. Don’t put your business at risk by neglecting proper insurance coverage. Call us today at Capretta Insurance Agency in Parma, OH, to set up a policy that meets your needs.