Owners Only Insurance (Owners Included)
What is an Owners Only (Owners Included) Workers’ Comp Policy?
What is an Owner Only / Owner Included Workers’ Comp Insurance Policy?
An owners only, owners included workers’ comp policy minimum premium workers' comp program for businesses with no employees, subcontractors, or day labor. This type of policy is an affordable option for businesses with no employees. For a one person company with the owner included, you would typically need to go through Assigned Risk Program. With an owners only, owners included workers’ comp policy you get extremely competitive rates with our specialized carriers.
Who is eligible?
Businesses with no employees, day laborers, or subcontractors.
Eligible Entities
Sole Proprietors, LLCs, Partnerships, 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.
*Please note that businesses using subcontractors or day labor are ineligible for the program.
Want a Free Quote for Owner Only/Owner Included Workers’ Comp Insurance?
Grow Green Insurance offers unique owner only/owner included workers’ comp solutions such as:
• Specialty carriers for every industry
• Preferred pricing through partnered relationships
• “Pay What You Want” in Broker Fees