Workers Comp & Program Work need help

Welcome to our Community
Wanting to join the rest of our members? Feel free to sign up today.
Sign up
Feb 16, 2017
46
22
8
New York, NY
www.trxwaterdamagerestoration.com
Real Name
TRX Water Damage
Business Location
United States
#1
Hey All, Were getting into program work and are getting requests for workers comp and auto vehicle coverage.

Who dealt with this and found ways to avoid the needless expenses. We have general liability and pollution.

Any suggestions would be highly appreciated.
 

Mama Fen

Well-Known Member
Jul 18, 2012
2,282
1,941
113
44
North Carolina
www.shopcleansource.com
Real Name
Amy Barnes
Business Location
United States
#2
Workers comp is not a needless expense. It is required in most states if you're going to be getting paid through an insurance company, to prevent lawsuits if an employee were to be injured on the jobsite. About the vehicle coverage - not sure what state laws you have, but around here commercial and private coverage are very different.
 

Spazznout

Premium VIP
Feb 13, 2011
6,095
2,884
113
Ohio
Real Name
Matt
Business Location
United States
#3
Hey All, Were getting into program work and are getting requests for workers comp and auto vehicle coverage.

Who dealt with this and found ways to avoid the needless expenses. We have general liability and pollution.

Any suggestions would be highly appreciated.
no way around it.
Its part of being a business and a business owner.
Most states have it all online to make it as easy as possible.
If you are just a one man show or only family with no employees the costs will be very low.

As for commercial insurance for your vehicle. You should already have that. If not,you are NOT covered and if you get in an accident the insurance company will NOT help you as your policy is NOT commercial.

My 2 cents.

Sorry if it is not what you wanted to hear
 

justlife

Active Member
Mar 1, 2014
183
40
28
46
Real Name
lavon lang
#5
Workers comp can be very very very expensive you have to see if the money that you will from that company would be worth the hassle of paying a lot of money for workers comp. If your company doesn't have the funds I would not deal with that company
 

Scott W

Preferred Vendor
Premium VIP
Feb 14, 2006
15,354
5,627
113
65
West Jordan, UT
www.interlinksupply.com
#6
Worker's Comp rates are different in each state. Not too bad in Tennessee. A percent of all wages. Be sure to properly categorize workers. A secretary did not pay the same as a carpet cleaner, and so forth.

You can have yourself and family members excluded from the payroll calculations.
 
Nov 16, 2016
456
195
43
Real Name
Joe Adase
#7
In Jersey i was paying 3 grand a year just for me. The only reason i had it was the management company i did work for wouldn't pay me if i didn't have it. I was getting an average of 900 a week from them so it was worth it.
 
Feb 16, 2017
46
22
8
New York, NY
www.trxwaterdamagerestoration.com
Real Name
TRX Water Damage
Business Location
United States
#8
In Jersey i was paying 3 grand a year just for me. The only reason i had it was the management company i did work for wouldn't pay me if i didn't have it. I was getting an average of 900 a week from them so it was worth it.
This is for WC or auto?
 

SAA

Well-Known Member
Jul 12, 2008
2,183
1,907
113
NC
www.thecarpetsurgeons.com
Real Name
Steve Andrews
Business Location
United States
#9
Pay close attention to the WC for your self and if you have less than three employees (that was in NC). I had the same thing and because I was the owner, the only policy they would write was a ghost policy, which meant it was written as a WC but it covered nothing. It was just paid for and written for such things but still cost a lot. I was able to get around it with the large resort property I was doing work for so it worked out fine. Just check with your state to be sure if you have to cover yourself that you are really covered.

SAA
 
Nov 16, 2016
456
195
43
Real Name
Joe Adase
#10
Pay close attention to the WC for your self and if you have less than three employees (that was in NC). I had the same thing and because I was the owner, the only policy they would write was a ghost policy, which meant it was written as a WC but it covered nothing. It was just paid for and written for such things but still cost a lot. I was able to get around it with the large resort property I was doing work for so it worked out fine. Just check with your state to be sure if you have to cover yourself that you are really covered.

SAA
Exactly! It did me no good. But they wanted me to have it so i did and made sure they paid for it .
 

mikevee

Well-Known Member
Jul 31, 2015
662
257
63
25
Real Name
micheal villones
#12
Check "compsource" in your state. They are a state funded insurance agency in most states. Much cheaper than most carriers.
I pay $2k-4k in workers comp a year
$1.5k in general liability
$3.5k in auto insurance ( covers my gear as well)
 

Cat 3

Active Member
Dec 19, 2014
291
99
28
43
Real Name
Kevin West
#13
Just when you think you have satisfied the program they ask for more. It can drag out for months......
 
Feb 16, 2017
46
22
8
New York, NY
www.trxwaterdamagerestoration.com
Real Name
TRX Water Damage
Business Location
United States
#14
Check "compsource" in your state. They are a state funded insurance agency in most states. Much cheaper than most carriers.
I pay $2k-4k in workers comp a year
$1.5k in general liability
$3.5k in auto insurance ( covers my gear as well)
thanks I'll deff look into it.
 

Dedicated

Well-Known Member
Feb 9, 2012
780
288
63
PA
www.1dedicated4u.com
Real Name
Shawn McCaulley
Business Location
United States
#17
In PA if you don't have "employees" your not required to carry workers comp. But a lot of insurance companies, especially for larger corps are now requiring all vendors and even subs to carry it. One of the reasons I'm seriously considering getting out. Not so much the expense but the absolute nightmare dealing with the state. As for auto that is or should be standard.
 

crash1big

Well-Known Member
Mar 18, 2011
4,212
1,942
113
Illinois
Real Name
Marlan Brown
Business Location
United States
#19
Dec 4, 2017
569
161
43
Lancaster, PA
Real Name
Patrick Yanello
Business Location
United States
#20
thanks I'll deff look into it.
Hi, Im just running into the need for this and saw your post. Do you have any recommendations on how to handle this or how you handled this?