Tennessee Workers Compensation Insurance-workmans Compensation

Tennessee Workers Compensation Insurance Rules

Tennessee Workers Compensation

1. Does my Tennessee business need workers compensation insurance?

Every employer with five or more full or part-time employees must carry workers' compensation insurance. Employers engaged in the mining and producing of coal must also carry workers' compensation insurance.

2. In Tennessee who can exempt themselves from Workers Compensation Insurance?

Exemptions do exist for certain employers, such as farm labor, domestic help and government agencies. However, they may elect to provide workers' compensation insurance. Owners can choose to be excluded by completing the i-4 form. The minimum payroll for a sole prop in TN is $49,200 when determining workers compensation rate

3. Does Tennessee workers compensation law have specific requirements for subcontractors/contractors and sole proprietors?

All contractors in the construction industry with one (1) or more employees must provide workers' compensation insurance. A Sole Proprietor or partnership may choose whether or not to carry workers compensation insurance.

Employee Leasing and Staffing Companies

Using a PEO or staffing company to obtain your workers compensation may be a good alternative to purchasing your own workers compensation policy. Leasing companies handle your payroll, w-2 forms, unemployment and workers compensation claims. In many cases the down payment required to obtain a new workers compensation policy is high and many new businesses cannot afford the down payment. Another advantage, based on my experience, is that you will never get audited because you pay as you go for your coverage. We represent numerous leasing and staffing companies who in many cases offer deep discounts on your workers compensation coverage that you will not find from standard workers compensation insurance carriers.

USL&H & The Jones Act

We have excellent workers compensation programs for these specialty risks requiring this endorsement. If you are unsure and want to read either the USL&H or Jones Act I have provided helpful links below for you convenience. I have found them to be the most detailed and good resources on the laws.

Tennessee Workers Compensation

Tennessee Workers Compensation Links