Workers Compensation is required by law for small contractors to carry. Some of these small contractors try to forgo the coverage to “eliminate” expenses, but they are quickly shut down by state investigators. The issue most face is the coverage has high minimum premiums and deductibles that would end up putting them out of business anyway.
The fact is that the coverage is still mandatory regardless of the high costs most of them are facing.
All Insurance Underwriters specializes in workers compensation and offers unique programs designed to help every risk regardless of size or past experience. We accept premiums from 5-75K for our small contractors program and we even accept new ventures (with owner resume).
We can help find creative solutions for your small contractor clients and other high risk (hard to place risk) accounts.
For more information come and connect with me on CompleteMarkets.com for weekly updates or visit our Hard to Place Risksstorefront.