how do I do that? I am currently running as sole-proprietor but been thinking of creating an LLC.
Ways to get around NC workers compensation requirements
Discussion in 'Questions From New Drivers' started by Ericb, May 11, 2018.
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slickWillie1980 Thanks this.
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But I digress....lolshogun Thanks this. -
You can inquire as to the details but NC does allow you to self insure. Be very careful. There are good ways of doing this and some very bad ways. -
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TaterWagon#62 Thanks this.
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There is a difference between workmans comp insurance and occupational accident insurance. Workmans comp is a state run program while occupational accident insurance is carried by insurance companies. With workmans comp the state sets the benefits and medical coverage for on the job injuries, while in occupational accident what benefits and medical paid are set by the limits the carrier choses to pay for. In most states a OO/independent contractor is allowed to have the cheaper option of occupational accident coverage but not in North Carolina. I remember when I first became an O/O with a company in Indiana, I was surprised with the difference I had to pay compared to someone from NC.
I think the best advice I have seen here Was from @dibstr. Call them and ask.
There are some FAQs about this on: NC Industrial Commission Frequently Asked Questions -
You're trying to end run the requirements of FedEx.
Two choices, one is you pay for it after you move
Or
You rent a place in where ever it is cheap, with your mailing address there and buy a place in NC and 'visit' there. -
They post on Craigslist a lot. The ones I've talked to are pretty cool and probably will be helpfulEricb Thanks this.
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