Owner Ops in Lease Agreement, who do you use for workers comp?

You can get something a little different but more personalized like Occupational Insurance.

 

I just looked into workers comp and is it really 13.5% + fees of 1099 wages!? For 1.8 mi payroll im being quoted $310,000 yearly.

Do you know how occupational insurance compares to workers comp from a cost perspective?

 

At Schneider I used
TrueNorth - Insurance - Transportation - Independent Advantage - Independent Contractor (truenorthcompanies.com)

 

This isn't my first hand experience as I pay for neither option. However, I've heard Occupational Insurance pays easier and is cheaper. Don't take my word for it though because it's just hearsay.

 

When I was leased the company offered occ/acc. However back in about 2006 a company I was leased to need me to get workers comp and wouldn't accept occ/acc.

In North Carolina, I can get a "ghost policy" only like $30 a month. I dont know if you can get a ghost policy in all states though.

 

Ive been trying to figure out why I cant get qoutes. Thanks for this info. Now I know, ghost policy is what I need.

 

occupational insurance is not the same as WC if you live in a mandatory WC state, (like mass)

I have travelers /zurich