Massachusetts Workers Comp Insurance

With limited exceptions, every employer in Massachusetts 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 Massachusetts 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.

MA Workers Comp Insurance Specific Regulations

• Having any Employees working in Massachusetts, requires a company to have workers’ compensation insurance
• Independent contractors, are not coverage by their employer company’s workers’ compensation insurance.
• Real estate agents are exempt from coverage
• Corporate officers are included in coverage, but officers owning 25% interest may exclude themselves.
• Massachusetts excludes members of LLCs from coverage, but you have the option to include yourself
• Massachusetts has a private insurance market, but also offer an assigned risk pool should a company struggle to secure coverage