Oregon Workers Comp Insurance

With limited exceptions, every employer in Oregon 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 Oregon 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.

OR Workers Comp Insurance Specific Regulations

• Having any employees working in Oregon requires a business to carry insurance coverage
• 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
• Oregon offers a private insurance market and also a state fund and an assigned risk pool
• In Oregon, you are excluded from coverage if you are a sole proprietor or partner, but have the option to opt in
• Corporate officers in Oregon, are included in coverage, but can opt out
• Members of LLCs are included in coverage in Oregon, but may attain exemption