Do Self-employed need workers compensation Insurance?
Compensation insurance is not required but a very good idea for a self-employed worker. Any worker who runs his own business can face injuries that might result to medical expenses and income loss. The worker’s compensation act can cover these expenses and save you a lot of hazards and time. Self-employed workers can expect to pay anywhere form $200-$400 yearly. This is a small price to pay for the benefit it presents.
