Posted on February 8th, 2019
What? You don’t have workers’ comp? That’s insane. In California, workers’ comp is expensive, but it’s absolutely necessary. Just the fines for not having workers’ comp could be up to $100,000.
The way they calculate that is it’s $1,500 per employee, per month, for a maximum of three years, or $100,000. It just isn’t worth it not to have workers’ comp.
If one of your employees gets injured, or they claim that they’re injured, even if it’s fraud, you’re still going to end up having to pay for it.
You’re still going to end up having to pay for all the medicals, plus whatever the settlement is with the employee.
It just isn’t worth it to do business without workers’ comp. Don’t ever, ever, ever get into business and not have workers’ comp.
