Owners Only Insurance (Owner Excluded)
What is an Owner Only / Owner Excluded Workers’ Comp Insurance Policy?
An owners only, owners excluded workers’ comp policy is a minimum premium workers' comp program for businesses with no employees, subcontractors, or day labor.
Who is eligible?
Businesses with no employees, day laborers, or subcontractors.
Eligible Entities
Sole Proprietors, LLC’s, Non-contracting S-corps.
Class Codes
Most class codes are acceptable, however, there are some exclusions due to reinsurance treaty agreements. Give us a call to find out if your business qualifies for an owners only, owners excluded workers’ comp policy.
Employees
If the owner hires a W2 employee during the policy period, we must be notified of payroll. The policy premium will be subject to audit and adjusted accordingly. Upon renewal the business owner will be moved into the Plus Program.