Buying Worker's Comp For My Drivers?

Contact OOIDA. Google for the phone number.

 

Trucking is high compared to some other occupations. Like 10% of payroll.

You have to check your state laws. Some states don't require it unless you have 3-5 employees. I guess an insurance agent can answer that question.

Just google

workers comp insurance for truckers

and you'll find a bunch.

 

If you go to the site below, they have an quote feature that should give you a ball park figure. They are also located in Ca.

"At Massey Insurance, we specialize in providing the workers compensation and occupational accident coverage to those who need it the most - those who work in trucking industry.

Truckers face a major problem: getting goods to market in a safe, timely fashion. The stress of meeting deadlines can lead to any number of accidents. The rush to deliver, can lead to a rush to the ER. Truckers can experience a wide range of injuries while on the job. These injuries include:

Back injuries
Neck injuries
Knee injuries
Shoulder injuries

Your drivers are your most valuable resource - we can help you protect them. No two distributors have the same needs. At Massey Insurance, our Truckers Workers Compensation insurance can be customized to meet the size of your fleet – and the size of your budget.

Our agents are dedicated to working with you to find the optimal Trucking Worker Compensation coverage – contact us today".

Hope this helps. Drive Safe!

 

All quotes I have seen have been a percentage. CA is going to be in the 15+% range for a small carrier with no work comp experience. The company you get your trucking insurance from should offer it. You want to make sure you get it on your own and not be caught by CA as not having it.

 

In CA, you have to have worker's comp to have a state MC number. The typical rates in CA are 24% of gross payroll and up for trucking. You're annual minimum premium is usually around $1,000 with about the same as a deposit. If you have any claims and your mod rate goes up, expect 30%+ for your rate. Yup, good ole CA. Hire 3 drivers and have the equivalent of a 4th driver in payroll expense for workers comp.

If you are new and don't have a history or company credit history, you might have to go with State Fund for a couple of years before anyone will accept you. And don't feel bad about the 24%. Friend of mine has had a couple of drivers file claims and he pays 48%. For legitimate claims, its good to have but there is an entire medical industry in CA that feeds on workers comp claims since its mandatory so be prepared to fight every claim to protect your mod rate.