Workers Compensation👷

• A lot of carriers are looking to write WC (soft market)

• Markets: Admitted and Non Admitted

Limits/Coverages

• Workers Compensation minimum $1,000,000/$1,000,000/$1,000,000 limit

• Offer and push Smart Pay at all times

• Confirm if owner wants to be covered or not.

Exclusions/Coverages to avoid

• Check the states under section of 3A of the declarations page and where the client performs work! Make sure they align. NJCRIB (assigned risk) do not allow adding other states typically, you can always ask.

Minimum Underwriting Guidelines

• Discuss subcontractor procedure 

• Minimum 2 policies must be quoted

• We must quote 2 lines of business

• We must write supporting line of business (unless referral, ask Carlo)

Annual Payroll

Duties of the employees

Where do they work (anywhere in NYC)

Any prior coverage or claims?

Does the owner want to be included in coverage?

Policy/Application Entry

🖥️ Workers Compensation Application Entry

Helpful Article Links

📃C-105 Form

💼 ERM-14

📈 Experience Rating Modification

🔎Finding Class Codes for WC

👷WC Quick Rates

👔Fact Sheet 13: Employee or Independent Contractor Classification Under the Fair Labor Standards Act (FLSA)

🔍Find a business in NJCRIB 

🧑‍💼 Other WC Helpful guide