Workers’ comp protects construction and contracting business owners Employer’s liability insurance – typically included in a workers’ comp policy – protects general contractors, roofing companies, and other construction businesses when an employee decides to sue a business owner over an injury.
Contractor, typically: Injury to workers: Worker’s Compensation: Contractors and Subcontractors with employees: Damage to the building or materials, during construction from fire, wind, theft, etc. Builder’s Risk or Course of Construction (may be covered by Homeowner’s Insurance in renovations) Homeowner, typically
Businesses can save up to 30 percent on labor expenses by classifying workers as independent contractors rather than employees. The construction industry is under the microscope due to a long history of not correctly classifying employees.
California law requires that employers, including those in the construction industry, carry workers' compensation insurance, even if they have only one employee. The insurance exists for employees who get hurt or sick because of work.
A professional building construction association is composed of home builders, contractors, and professionals of all types, in related fields. It includes general contractors who are the professionals who coordinate large construction projects.
‡Contractors that check this box must attached an additional sheet showing the name of the sub -contractors and state whether or n ot those entities have employees. If the sub -contractors have employees, they must provide their workers’ comp. policy number. I am an employer that is providing workers’ compensation insurance for my employees.
Issuance of a Construction Contractor Registration to contractors in the construction industry that have employees, are corporations, and are manager-managed limited liability companies. Ensuring all construction contractors, especially those with employees, are paying Montana’s rates for workers’ compensation insurance.