Workers’ compensation insurance is a must-have for employers that have staff. This type of insurance covers medical expenses and lost wages due to any injuries or illnesses that occur in the workplace. It is a legal requirement in the majority of states.

Coverage for Contractors and Construction Businesses

The construction industry’s physical demands often pose a great danger to workers. From a financial perspective, even a small incident, such as a carpenter being injured by a nail gun, can cause immense costs in medical bills and time off work.

Workers’ compensation insurance is a type of insurance that provides financial protection to employees if they are hurt or become ill while working. This insurance covers medical bills, a portion of lost wages, and benefits for temporary or permanent disability or death.

Self-employed individuals may purchase an insurance policy to safeguard themselves against any economic losses caused by work-related injuries, which health insurance plans may not cover.

  • For injured workers, sole proprietors, or independent contractors

Workers’ compensation is a type of insurance that provides financial assistance for people who are injured while working. It covers medical expenses, lost wages, and benefits to the employee’s family if the employee dies due to a work-related injury. It is designed to help cover the costs associated with the recovery and provide financial stability to those affected by job-related injuries.

  • For business owners

Employer’s liability insurance safeguards construction firms from legal action taken by employees should they become injured while on the job. This type of coverage typically pays for legal expenses, court fees, and settlements when an employee sues their employer for injuries sustained in the workplace. With such insurance, construction companies can protect themselves from costly legal proceedings regardless of the case’s merits.

Workers’ Compensation Insurance Costs

The cost of workers’ compensation insurance is based on your company’s payroll, your employees’ jobs, and your past claims history. Your premium rate is determined by multiplying the classification rate for the types of work done by your employees, your experience modification rate, and your payroll for every $100.

State Laws for Workers’ Comp for Contractors and Construction Companies

Each state has different laws when it comes to workers’ compensation. State governments often demand that roofing contractors, who are at a higher risk of accidents than other businesses, take special precautions. This may include the requirement of purchasing workers’ compensation insurance even if no workers are involved.

If freelancers, single proprietors, or partners in a company, who are eligible for exemption, still opt to purchase workers’ compensation insurance, this is for their own financial security.


Getting workers’ compensation insurance for contractors and construction businesses is an important step for any business in these industries. Not only does it provide financial coverage for injuries, but it also protects the employer from legal action in the event of an accident. 

Furthermore, it provides peace of mind when it comes to the safety and security of employees. Therefore, it is highly recommended that all businesses in the contracting and construction industry consider getting workers’ compensation insurance to ensure their operations are running smoothly and safely.

Pascal Burke Insurance Brokerage Inc. are specialists in an array of policies that cover not only general cases but also specialty contractors. Workplace injuries happen more frequently than you would think. You won’t have to worry about breaking the bank with our great rates! If you want to get workers’ comp insurance for roofing contractors, we’ve got you covered! Get in touch with us today!