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California law requires employers to have workers' compensation insurance if they have even one employee. If you are a roofer and don’t have any employees, you are still required to carry workers’ compensation insurance. Out-of-state employers may need workers' compensation coverage if an employee is regularly employed in California or a contract of employment is entered into here. Generally, all employees of the company, as legally defined, including corporate officers and directors, must be included in the policy unless they are the sole owners of the firm. In the case of sole owners, they may elect not to be covered. Several sections of the California Labor Code must be considered to answer this question. You should consult with your attorney, insurance agent or broker, or your carrier regarding the specifics of your situation.

In California all employers are required to either purchase a workers’ compensation insurance policy from a licensed insurer authorized to write policies in California or become self insured. The Division of Workers’ Compensation (DWC) does not provide workers’ compensation insurance for employers and does not maintain information about employers and their respective insurers. Basic facts for employers on workers’ compensation can be found in the DWC’s fact sheet for employers. You can purchase workers' compensation insurance coverage online, i.e. www.einsuranceprofessional.com/onwork.html or through an agent or a broker from any of the privately licensed insurers authorized to write policies in California. If you can't find an insurer willing to cover your business, the State Compensation Insurance Fund (State Fund) is required to provide you with coverage. If you belong to a trade association you might want to check with it first - some trade groups negotiate special rates for members. Your local chamber of commerce may also be a source of good advice.

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Self insurance requires state approval, a net worth of at least $5 million, net income of $500,000 per year and posting of a security deposit. While historically only very large companies could self-insure because of legal requirements, in recent years group self insurance, in which several small employers in the same homogenous industry pool their workers' compensation liabilities, has increased in popularity as an alternative to traditional coverage. Contact your broker or the state's Office of Self Insurance Plans (www.dir.ca.gov/sip) for information on how to self insure. A self insured employer has the option of administering its own workers' compensation claims or contracting with a third party administrator (TPA) to provide these services.

Workers' compensation insurance premium rates are not regulated by the California state. While the Workers’ Compensation Insurance Rating Bureau – the licensed statistical agent for the state insurance commissioner – issues recommended rates and carriers must file their rates with the California Department of Insurance, rates can vary from carrier to carrier. Like any good consumer, you should shop around for a carrier that best meets your needs. Cost is one consideration, but there are other factors to look at: the services provided, ease of access to the claims adjusters, their familiarity with your industry, the doctors in their network, etc. If you have a broker or agent, he or she should be able to give you expert guidance. A number of factors go into determining the annual premium your insurance carrier will charge. These include your industry classification, your company's past history of work related injuries (known as your experience modification), your payroll, any special underwriting adjustments such as use of a certified health care organization, and any special group or dividend programs you may be eligible for.

Workers' compensation insurance or workman's compensation insurance covers injuries and occupational diseases picked up at work. Fault doesn't matter; employers are liable even if the employee may have contributed to the injury or illness. It's required in every state except Texas, and specifics vary from state to state. Workers' comp can cover all these areas: Injuries or loss of limbs, Diseases like emphysema or repetitive motion, Injury inflicted at work, Medical treatment, Rehabilitation needed so workers can return to work, Lost wages (up to two-thirds of the employee's salary), Death, Liability Insurance for the company for lawsuits filed by injured employees. We have assembled some of the cheapest and affordable resources on Worker's Compensation Insurance. Click here for workers compensation insurance, workers insurance and/or workman's compensation insurance for small and big businesses.

To protect employers from lawsuits resulting from workplace accidents and to provide medical care and compensation for lost income to employees hurt in workplace accidents, in almost every state, businesses are required to buy workers compensation insurance or workman's compensation insurance. Workers compensation insurance covers workers injured on the job, whether they're hurt on the workplace premises or elsewhere, or in auto accidents while on business. It also covers work-related illnesses. Workers or workmans compensation provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services. It also provides death benefits to surviving spouses and dependents. Worker's compensation insurance therefore is critical for business survival. On this page, you will find resources related to online and cheap workers compensation insurance quotes for all states in USA including the state of California - CA.

More about worker's compensation insurance?
There are many kinds of insurance that business owners tend to purchase. Insurance that protects non-employees if they are injured at the employers business is called public liability insurance, while professional liability insurance protects the employee from malpractice or a breach of trust. Workers compensation insurance is different from these because it offers to compensate for funds lost due to an employee's injury at the workplace.
Eligibility for workers compensation insurance?
Almost every company with employees is required to have workers compensation insurance. With one insurance package purchase, all employees in a particular firm are covered, so business owners do not have to worry about taking out multiple policies. Workers compensation insurance can actually provide an employer with many benefits. First is the fact that each and every workers compensation claim will not mean money out of your pocket. Mistakes do happen. Many times workers compensation is given for employees who have greatly aided in injuring themselves. If you don't want to be forced to shut your doors because of a few mistakes, workers compensation insurance is likely for you. Because money won't be coming out of your pocket, you'll be able to continue operations. Additionally, workers compensation insurance providers generally tend to do more than simply dole out cash to injured parties. Instead, they work with companies to help them maintain a safe working environment. In addition, many workers compensation insurance companies allow members of the client company to use a variety of online tools to help them prevent workers compensation claims, as well getting workers reinstated after they have been out for some time. With all of these benefits, workers compensation insurance can be a great asset to any company.
Do's & Don't of Workers Compensation Insurance
You can buy workers' compensation insurance online. Getting custom quotes is always beneficial in any insurance circumstance. Online, you can generally get quotes from more than one company, looking at those quotes side-by-side to determine the best course of action. However, buying workers compensation insurance is a bit different than buying insurance for your boat or car. Because such a large part of workers' compensation insurance is education and training, comparing not only rates but tools online is one way to help determine which workers compensation insurance company you should go with. After making the comparison, buying online allows you a secure forum in which to manage your policy, a forum that you can access anywhere. By making not only the buying process, but also the managing process easier, workers compensation insurance is allowing business owners more freedom with which to run their businesses.