Worker’s compensation insurance is not required for business owners to carry on themselves in most states. The assumption here is that the business itself will continue to make a profit for the owner even if the owner personally is unable to work due to an injury. Obviously this thinking works better for a restaurant or clothing store than it does for the owner operator of a trucking company, and that’s where occupational injury insurance comes in. It however usually does not pay anything other than a lump sum based on the severity of the injury thus it is much less expensive than a normal Worker’s Compensation insurance policy
Owner ops are you buying worker comp insurance for yourself?
Discussion in 'Ask An Owner Operator' started by Realpeace trucking, Mar 11, 2022.
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Trucking Jobs in 30 seconds
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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