Workers Compensation Coverage For Independent Contractors

As an independent contractor, workers’ compensation insurance covers you in the event of a work-related injury or illness. Workers’ compensation insurance can provide benefits for medical expenses, lost wages, and more. If you are unable to work due to a work-related injury or illness, workers’ compensation provides coverage. It can also help pay for any necessary retraining or rehabilitation if you are unable to return to your job.

Getting Workers’ Compensation

In order to get workers compensation coverage, you will need to purchase a policy from a workers compensation insurance company. Understand a few things that you will need to do in order to get an accurate quote for your policy. First, you will need to provide the insurance company with a list of your employees and their job duties. You will also need to disclose any hazardous materials or conditions that they may be exposed to while working. Once you have provided this information, the insurance company will be able to provide you with a quote for your policy. The cost of the policy will vary based on the number of employees, the hazards involved, and the amount of coverage you purchase.

Workers Compensation Coverage For Independent Contractors

Workers’ Compensation Coverage For Independent Contractors [ Basic | Comprehensive]

There are two types of workers’ compensation coverage: Basic and Comprehensive.

  • The basic policy includes state benefits that an individual is entitled to receive from the employer’s insurance. It covers loss of income as well as medical cover, rehabilitation, and old age benefits as necessary.
  • Comprehensive pays benefits that exceed the basic policy. They come into play in case of a lawsuit or misconduct.
Most employee contractors and benefit plans waive the right to sue, except in special circumstances defined by state and legislation.

Workers who accept compensation generally waive the right to sue their employers, agreeing to a no-fault contract in doing so. However, legislation and court rulings have restored the employees’ right to sue in various strictly defined circumstances.


  • It protects independent contractors and employees under state laws.
  • It provides medical care, death, disability, and rehabilitation benefits for workers who are injured or killed while on the job.
  • The benefits of workers’ compensation are generally awarded on a no-fault basis.
  • Premiums are based on the employer’s payroll and the type of duties its employees perform.
  • Basic workers’ compensation includes comprehensive workers’ compensation coverage but covers employees when the employer is liable through negligence or otherwise, paying out additional damages.


  • Comprehensive workers’ compensation coverage is an insurance policy that covers costs related to medical care and lost income for injured workers.
  • Comprehensive workers’ compensation is for additional damages that go beyond basic coverage (state compliance) covers.
  • This coverage is generally required by states if an employer has three or more employees (including the owners of uninsured subcontractors and their employees).
  • Injured workers can be provided 100% coverage of all medical expenses, a percentage of lost wages (which varies by state and policy), a lump sum for disability and disfigurement, and an old age benefit.

How does Workers Compensation Coverage For Independent Contractors work?

When it comes to workers compensation coverage for independent contractors, there are a few things you need to know. For starters, not all states require that businesses carry workers compensation.  You can purchase your own policy or you can add your workers to your policy as additional insured. If you decide to purchase your own policy, then you need to make sure that the policy is in your name and not in the name of the business. Otherwise, the coverage will not be valid. Once you have workers compensation coverage for independent contractors, it is important to keep track of who is covered and when their coverage expires. This way, you can make sure that everyone is always properly protected.

Brokers help,s contractors assess their risks and choose the policy which covers the liabilities of the business and workers most proactively maximizing benifits.

What are the benefits of Workers Compensation Coverage For Independent Contractors coverage?

As an independent contractor, you are not automatically covered by workers’ compensation insurance. However, you may be eligible for coverage if you are injured while working on a job. Workers’ compensation coverage can provide benefits for medical expenses and lost wages if you are unable to work. It can also provide death benefits to your family if you die as a result of your injuries.

It is a standard policy of Brokers @MetaInsVerse to quote, using multiple carriers.