These are questions I began hearing when I first started learning about workers comp in 2004, and I continue to hear them to this day. The number of business owners that believe these myths is staggering – and dangerous.
I’m not telling you this because I want you to give up, see the error in your ways, call me up, and buy some workers comp insurance. In fact, there’s a good chance that I wouldn’t be able to help you if you’ve been operating without workers comp when there was a need for it. This is not a sales pitch and I’m not trying to line my pockets.
Also, I’m not telling you this because I have any love or admiration for the law. If you ask me, the workers comp system in California is highly dysfunctional, and in many ways unfair. I have nothing but empathy for small businesses trying to stay afloat in California that may have given up paying some of their costs of doing business.
I’m telling you this because I want you to know that if you are in a state of needing workers comp but you don’t have it – whether you believe the myths above, have not found it in your budget to pay, or are simply unaware of the need – and an employee of yours gets injured, the consequences can be severe enough to cost you a lot of money, shut your business down, and even put you in jail.
What can happen?
Here are a few things:
The state of California is a very labor-friendly state with a low tolerance for uninsured business owners. Check out its website that addresses everything I’ve addressed and more: www.dir.ca.gov/dwc/faqs.html.
Play it safe – get covered!
Gillespie Insurance Services helps people and businesses in California, Arizona and Nevada.