• Home
  • Get A Quote
  • Customer Service
  • Refer a Friend
  • About Us
  • Location Map
  • Employee Directory
  • Privacy Policy
  • Contact Us
"Insurance That Comes with an Agent"
                         
Our
Agents
Are
Standing By | 225.292.7680
Home
  • Home
  • Get A Quote
  • Customer Service
  • What We Offer
    • Annuities
    • Auto Insurance
    • Business Insurance
    • Dental Insurance
    • Flood Insurance
    • Health Insurance
    • Home Insurance
    • Life Insurance
    • Limousine Business Insurance
    • Motorcycle Insurance
    • Pet Insurance
    • RV Insurance
    • Renters Insurance
    • Watercraft & Boat Insurance
  • Blog
  • Resources
    • Make a Payment
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About Us
    • Employee Directory
    • Location Map
    • Privacy Policy
    • Customer Testimonials
  • Contact
    • Contact Us
    • Join Our Newsletter
Auto Insurance AUTO

Auto insurance protects you against financial loss if you have an accident.

Read More
Homeowners Insurance HOME

A standard policy insures the home itself and the things you keep in it.

Read More
Business Insurance BUSINESS

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Life Insurance LIFE

Browse a variety of insurance options in order to find the right one for you.

Read More
Health Insurance HEALTH

Learn about different health coverage options that fit your specific needs.

Read More
Boat Insurance BOAT

Finding insurance doesn't have to be difficult. We do the work for you.

Read More
Home > Blog > What Happens If I Don’t Have Workers Compensation Insurance?
WEDNESDAY, FEBRUARY 26, 2020

What Happens If I Don’t Have Workers Compensation Insurance?

Workers CompensationWhat can happen to you and your business if you don't have workers compensation insurance? The short answer is — if you're not in a state that doesn't require it — you're going to be paying some substantial fines for neglecting to cover your employees.

If you find some workaround — such as paying employees under the table or treating freelancers as fulltime staff — you might still wind up paying fines. You could also be audited by the IRS and possibly even face criminal charges.

If you have a small staff, and you are legally allowed to go without workers compensation coverage in your state, then doing so is at your discretion. In this case, we're not talking about fines and audits, but rather the risk you're taking on by going without workers compensation insurance. So, what can happen in this scenario?

Lawsuits

If one of your employees is injured on the job and you don't have workers compensation insurance, one of the first things to expect is that they're likely going to want to press charges against you. They’re also likely going to find a lot of lawyers willing to take the case pro bono.

In these instances, the best that you can hope for is that your lawyers can prove that your employee was not injured in the course of their work duties, but rather due to their own negligence or disregarding your company's safety guidelines. This is sort of a win-lose situation. You can avoid paying for your employee's expenses, but you may have to pay substantial court fees — typically more than you would have paid to buy workers compensation insurance. Plus, a highly publicized lawsuit can be disastrous for a small business. And if your employee wins the case, the costs can be astronomical.

Best Case Scenario

In the very best possible outcome of an employee being injured without workers compensation to protect them, they don't sue you. But you're still out a valued employee, and it can happen again. So, you might not be so lucky next time.

No matter where you work, or what line of business you're in, accidents happen. Workers compensation insurance means that you — and your employees — are protected when they do.
Posted 3:09 PM

Tags: workers compensation
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

  • insurance(23)
  • general liability insurance(16)
  • workers compensation insurance(12)
  • workers compensation(10)
  • coverage(7)
  • baton rouge(7)
  • business insurance(6)
  • louisiana(5)
  • general liability(4)
  • workers(4)
  • commercial(4)
  • home insurance(4)
  • compensation(4)
  • auto insurance(3)
  • liability insurance(3)
  • boat insurance(3)
  • health(3)
  • business(2)
  • life insurance(2)
  • risk management(2)
  • holidays(2)
  • general(2)
  • healthy living(2)
  • homeowners(2)
  • liability(2)
  • commercial general liability insurance(1)
  • auto longevity(1)
  • spring(1)
  • rv license(1)
  • car maintenance(1)
  • family(1)
  • bodily(1)
  • term life policy(1)
  • break-ins(1)
  • umbrella insurance(1)
  • winter(1)
  • workers comp(1)
  • safe driver(1)
  • chronic pain(1)
  • auto tips(1)
  • holiday decorating(1)
  • risk(1)
  • builders risk insurance(1)
  • commercial auto insurance(1)
  • insurance terminology to know(1)
  • christmas holiday(1)
  • basic insurance terms(1)
  • decorating safety tips(1)
  • baton rouge home insurance(1)
  • cyber liability insurance(1)

View Mobile Version
Facebook
LinkedIn
Yelp
Google+
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Twitter Logo
Tweets by @iiiorg

Resources

Home About Us Get a Quote Customer Service Refer A Friend Contact Us

Contact Us

Map
  • 5432 Superior Drive Suite A
  • Baton Rouge, LA 70816
  • Office: 225.292.7680
  • Fax: 225.292.7526
© Copyright. All rights reserved.
Powered by Insurance Website Builder