Contractors Workers Compensation Insurance is important. If your business is located in California, then by law you need to carry Workers’ Compensation Insurance. This applies even if you have only one employee. This insurance is for employees that get hurt or sick because of work. Therefore, Workers’ Compensation Insurance covers basic benefits including medical care, temporary and permanent disability. Moreover, it will cover supplemental job displacement benefits and a return-to-work supplement, and death benefits.
Contractor Requirements
According to Department of Consumer Affairs, all contractors need to carry continuous Workers Compensation Insurance. Failure to maintain workers’ compensation insurance coverage will result in suspended contractor’s license. You, as a contractor you cannot perform any work with suspended license. If such situation occurs, disciplinary actions will follow against you from Contractors State License Board (CSLB). Once the Contractors State License Board receives acceptable proof of workers’ compensation insurance coverage, it will lift Workers Compensation suspension.
For over 20 years, we at Progress Preferred Insurance provide Workers Compensation Insurance to California businesses. Therefore, we strive to deliver the customer service with fast and easy process. It is easy to submit your business information through our easy navigated website application for a free and a fast Workers’ Compensation Insurance Quote. Our insurance experts will contact you for further actions, if you decide to get the Workers Compensation Insurance policy for the business.
After your policy is written and in force, you as a business owner, need to Provide CSLB with a valid Certificate of Workers’ Compensation Insurance Certificate.
- The certificate must be written by an insurance company licensed through the California Department of Insurance.
- CSLB must be listed as the Certificate Holder.
- The contractor’s business name and license number must be listed.
- The policy number must be listed.
- The effective date and expiration date of the policy must be listed.
- The certificate must have the signature of an authorized representative of the insurance company.