Buying workers' compensation for Personal Services & Miscellaneous Organizations

Personal Services & Miscellaneous Organizations

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Workers’ compensation premiums are calculated, in part, by the kinds of work performed. Many businesses have multiple functions performed by different kinds of employees - others have just a few people who wear many different hats. It’s important to classify employees accurately - based on what they spend the majority of their time doing - because this could alter your premium dramatically.

Here's what you need to get started

To buy workers compensation insurance, you need to request a quote from a licensed insurance agent and provide some details about your business.
Here's what to have in front of you:
  • Number of employees in each class code
  • Total payroll for all employees You may be able to exclude yourself if you don't wish to be covered under the policy.
    Learn more about this >>
  • Federal ID Number If you are a sole proprietor, you can use your Social Security Number
  • Copy of your workers comp insurance policy, if you've had coverage or claims in the past few years If you know your company's experience mod, please have your experience mod rating sheet or policy in front of you. Otherwise, you will be assigned a default rating of 1.0.

WHAT TO KNOW

  • Personal Services & Miscellaneous Organizations includes services performed for individuals or communities, such as businesses that offer repair and maintenance of equipment or personal goods (jewelry repair, dry cleaning), personal care services (salons, weight-loss centers), death care services, and all personal, professional and religious associations are in this industry.
  • If you run a non-profit organization, you may be exempt from providing workers’ compensation coverage for employees. Check with your state’s guidelines to see how you are classified.


POTENTIAL HAZARDS

  • Jobs in offices, repair shops and salons typically carry a low level of risk. Muscle strains, slip-and-fall injuries, carpal tunnel syndrome and other repetitive stress injuries are the most commonly cited claims in these settings.
  • Some jobs in this industry can be very physically demanding, involving work around heavy objects or machinery and putting workers at higher risk for accidents, strains and repetitive stress injuries. Exposure to harsh chemicals in cleaning products can cause tissue or respiratory damage.
  • The nature of your business, number of employees being covered and past coverage and claims are all factors in how much your premium will cost. Learn more about workers' comp insurance rates >>


ABOUT WORK CLASS CODES

Many businesses have several work class codes that describe what their employees do. It’s important to classify each group of employees accurately because it could alter your premium dramatically.



The information on this page has been interpreted and summarized for your convenience. Please consult your state's governing authority for the most current and complete legislation.