Do we have to provide workers’ compensation coverage to our employees?

If you have employees, you are required by law to purchase workers’ compensation coverage. Virtually every state requires its employers to buy workers’ compensation insurance coverage for its employees. Should there be no Workers’ Compensation and an employee is injured, the state will levy significant fines and costs to the employer for not meeting their obligation.

In the states of ND, OH, WA and WY, the Workers’ Compensation insurance coverage is purchased through a state agency and these states are referred to as monopolistic states. If your employment exposure is in one of the other states, your organization has secured a national Workers’ Compensation policy of which you have access. Please refer to the Insurance Overview for your chapter/house corporation to determine if your location is covered by the national insurance policy.