Georgia Workers Comp Insurance
With limited exceptions, every employer in Georgia with one or more employee(s) is required by law to have a valid workers' compensation policy at all times. This "no fault" insurance not only provides injured workers with medical care and partial wage replacement, but also protects the policyholders from potentially damaging lawsuits. Although most companies in GA purchase a traditional commercial insurance policy, there are alternative methods of coverage which include licensing as a self insurer, gaining membership in a self insurance group, or obtaining coverage in the Assigned Risk Pool.
GA Workers Comp Insurance Specific Regulations
- You are required to have workers’ compensation insurance in Georgia if you have three or more employees working in Georgia.
- If you work for someone else you will not be covered by their insurance policy unless you are an employee. This requires independent contractors to have their own workman’s compensation insurance
- Georgia offers both a private insurance market and an assigned risk pool to help businesses struggling to secure insurance
- Sole proprietors and partners are excluded from coverage but have the option opt in
- Corporate officers and members of LLCs are included in coverage, but five officers can opt out
GA Workmans Comp Quote Checklist
You'll Need This Information On Hand to Get a Workmans Comp Quote
Your Name and Contact Information
Number of Locations
Number of Employees by Location
Annual Payroll by Location
Type of Business Entity
(partnership, LLC, corporation, etc.)