Workmans comp?? - REO Property Preservation Forum
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post #1 of 14 (permalink) Old 03-26-2015, 01:39 PM Thread Starter
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Workmans comp??

Whats up with some of these guys needing workmans comp ins? My state doesnt require it, and its just me doing the work and id be excluded from the insurance even if i had it! Doesnt make any sense to me ,
Any way , new here nice to meet all of you
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post #2 of 14 (permalink) Old 04-01-2015, 03:16 PM
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In MI you can get a letter from the State outlining the waiver that you send to whomever needs it. Might check that out...
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post #3 of 14 (permalink) Old 04-01-2015, 04:18 PM
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I require all subs to carry work comp also EVEN 1 man crews when it's not required. It's called a Non-Owners WC policy. Very affordable with a starting premium of $250+/- it doesn't protect you but the hiring party.

Yes our State does a letter of Waiver but I don't care because liability flows to the GC and I don't run those risks any longer.

Would I be held responsible for an injury on the worksite with a State Waiver? Probably not BUT the cost to defend can be staggering.
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post #4 of 14 (permalink) Old 04-03-2015, 09:24 PM
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Yeah, MI has those too, they are a $750 policy, with $550 refunded at the end of the year if that year had no claims.

All of our general labor comes from a temp agency that carries WC policies for all of their employees. Any of our other companies that we work with are all licensed/insured subs...
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post #5 of 14 (permalink) Old 04-05-2015, 06:23 PM
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Workers Comp

What the heck is with Cyprexx and Five Bros. They are making me spend $1500 for workers comp. I am in an exempt state and I am my only worker. I sub everything out.
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post #6 of 14 (permalink) Old 04-05-2015, 10:48 PM
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If you sub everything out YOU definitely need work comp. Paper GC's are huge liability risks.
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post #7 of 14 (permalink) Old 04-09-2015, 05:58 AM
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post #8 of 14 (permalink) Old 04-09-2015, 09:30 AM Thread Starter
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I forget that people lik ethis exist, i just assumed natural selection had made them on the short list ! LOL
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post #9 of 14 (permalink) Old 04-09-2015, 11:34 AM
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All depends on your states laws. I know of no cases here where an exempt contractor has been able to go after the person paying him. Our exemption laws are pretty tough here but our WC rates are also some of the highest in the country due to logging and mining,......
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post #10 of 14 (permalink) Old 04-09-2015, 12:54 PM
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Quote:
Originally Posted by mtmtnman View Post
All depends on your states laws. I know of no cases here where an exempt contractor has been able to go after the person paying him. Our exemption laws are pretty tough here but our WC rates are also some of the highest in the country due to logging and mining,......
I'm curious if Montana is like NY though in that I have to pay comp on ALL my subs even if they have an exempt form. Bottom line is everyone on a job site will be covered with workmans comp either at their expense or mine per law.
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