Workers' compensation insurance Workers' compensation insurance is coverage that pays for employee work-related injuries and illnesses.
It protects workers and also shields the business from direct out-of-pocket exposure for covered workplace injuries. In NYC construction work, contractors need this coverage active and current to maintain compliance and keep permits moving.
Frequently Asked Questions About Workers' compensation insurance
What is workers' compensation insurance?
Coverage that pays for employees' work-related injuries and illnesses.
Why does it matter to a property owner?
Without it, an injured worker on your frontage may look to the property owner for recovery. Verified coverage removes that exposure.
Is it required in New York?
Employers in New York are generally required to carry workers' compensation coverage for their employees.
How is it confirmed?
Through a current Certificate of Insurance showing active workers' compensation coverage, verified as of the work dates.