My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Starting a Business

Am I required to provide workmans' comp?

min read
Opinions expressed by Entrepreneur contributors are their own.
Generally, if you are self-employed, you are exempt from the requirement to have workers’ compensation insurance to cover yourself.

However, the minute you add an employee, get that in place--pronto!

Some states do allow you to "opt in" as a self-employed business person, but the rules about whether you can opt in vary from state to state.

A good business insurance broker should also be able to answer a lot of your questions about which insurances you need, what insurance limits you'd be wise to have, and what makes most sense for your particular industry in your state.

More from Entrepreneur

Kim's expertise can help you become a strong leader, pitch VCs for capital, and develop a growth strategy.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur