Employers who regularly employ 3 or more people at one time are required to purchase workers’ compensation insurance coverage.
However, I believe that all employees need to be covered under workers’ compensation insurance (including you, the business owner).
Workers’ compensation insurance is relatively inexpensive and it protects a company if an employee has an injury at work. If there is a work injury and you are not required to have workers’ compensation insurance, then the employee can sue you.
My business is small and pretty low risk for work injuries compared with a lot of other industries but, as a responsible business owner, making sure my employees are covered by the necessary workers’ compensation insurance is a non-negotiable! You shouldn’t drive around without car insurance and you shouldn’t put your employees and your business at a disadvantage by not carrying the proper workers’ compensation insurance coverage.
I have written a book for injured workers on dealing with the Virginia workers’ compensation system but it is good for employers to understand the system, as well. After all, being a business owner does not make you immune to on the job injuries! Personally, I think the information contained in this book is vital to ANYONE who is employed in the State of Virginia! You just never know what tomorrow will bring, so why not be prepared?
If you would like more information on the Virginia workers’ compensation system order my book, “The Ultimate Guide to Workers’ Compensation in Virginia,” or call our office today (804) 755-7755.
Michele Lewane, Esq.