Does a family owned business have to carry Workmans Comp if it has only have one employee who isn't family?

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If you own a family business...you are exposing everything you own to being taken in a lawsuit. See a lawyer to explain how this can easily happen. I am not a lawyer. I have run a business. The workmens comp, can help cover the medical of an employee hurt on a job....years of treatment for a backinjury could bankrupt your company over time. A large settlement could close you quick. You and your husband can be covered for the same type of on the job injury...or exclude yourself and husband. Getting insurance only on the others. If I contracted your firm to come to my business, and do a Job..big or small...If I don't require you to prove you have work comp n your people...and one of them gets hurt on my property...since you don't have it, I can be held liable for their injury, and have to pay. That is why so many schools, colleges, businesses..all want workcomp certificates from you ...before you can even bid a job.

First answer by Skilledpro. Last edit by Skilledpro. Contributor trust: 144 [recommend contributor]. Question popularity: 78 [recommend question]

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