Need advice owner op required to have workman's comp

Lots of people want someone else to do the work instead of picking up the phone

 

Not trolling you should know business stuff. A big part of trucking is negotiating

 

You need to file a worker comp account with no employees. It's about 80.00 a year I think and you get the cert. Basically it says you dont have coverage because you are self employed with 0 employees. Then give them the certificate. Dont pay them for the coverage. Still a joke and no coverage.

Not 100% on that price, but I can look it up when I have time.

 

It is not such a bad thing.
I used to buy an occupational insurance $200 as a contractor for a carrier I was leased on. Any driver that was hired by an owner op, even if they were hired on 1099, and the o/ps themselves were required to have one . It was not such a bad thing, any injury while at work was covered by it. A guy busted his hand one time while restocking pallets, stitches and all...he could not work for some time and they paid the med bills and also, If I remember right, they paid him some money to live on based on his average earnings.
I don't have it now but I am thinking about getting it. Health Insurance might not be a very good substitute, especially if an accident or injury happens out of state (network) where you are covered - emergencies... yes but other things like follow ups and lost wages compensation not so much.

 

I thought it varied state by state. I was leased to a company that was based out of Fla. Terminal was in Ohio where i was leased. They were deducting

I purchase a workers comp certificate apprx 16 years back from Ohio. You couldn't collect , but it satisifed the companies request. Most all claims are filed by employees. Self employed folks seldom make a claim. The money to fund all the claims, is always underfunded. Thats my understanding. I could be mistaken.

 

At $137 a month that is NOT workers comp!
It is occupational accident coverage (oac). People call it workers comp, or get that because it is so much cheaper than actual WC.

You will never no the difference (except in premiums) Until you use/need it. Then you discover what junk it is.
Real WC us based off of last years gross pay and is expensive, if say at least 2.5times 2gat your paying.

 

It varies cost state to state. And some states require it depending on the amount of employees you have/have not