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  Michigan Workers Compensation Information (MI)

 

 

The Insurance Shop offers Direct Bill and Pay As You Go Work Comp Solutions in Michigan. 

We also offer QuickBooks Pay As You Go XactPAY Web program for QuickBooks users.

 

 Work Comp Information: (Owners Wages for Workers' Compensation)

Individuals and Partners

$16,700- Min Annual Payroll (effective 01.01.06).

Partners covered but may elect to be excluded.

Sole-proprietor are not covered.  Family members to be covered.

LLC Members

Statutorily included.  Corporation status, but treated as employee.

An active member with no more than 10 members owning a min of 10% of company may elect to be exempt.

Corporate Officers: Corporations

$20,852- Min Annual Payroll (effective 01.01.08).

Executives may be excluded if corp has ten or fewer shareholders and executives own 10% or more of stock.

 

General Liability Information:

Individuals and Partners

$29,700- flat annual (effective 07.01.84)

Corporate Officers & LLC Members

$29,700- flat annual (effective 07.01.84)

* Information contained herein is based on the most accurate data as of the time of posting.  Please check with you states Division of Workers' Compensation Insurance for the most up to date information and to verify accuracy.  No warranty as to the accuracy or completeness is given or applied.

 

 

     

 

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