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  Minnesota Workers Compensation Information (MN)

 

 

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

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

$17,160- Min Annual Payroll (effective 04.01.08).

LLC Members

Corporation status.  Treated as executive officer at $17,160- Min Annual Payroll..

The following are statutorily excluded from coverage:

1. Managers owning 25% or more, with 10 or fewer employees and less than 22,880 hours of payroll.

2. A family member of a manager described in "1."

Corporate Officers: Corporations

$17,160-  Min Annual Payroll (effective 04.01.08)

Executives owning 25% of stock of a closely held corporation is excluded.  May elect coverage.

 

General Liability Information:

Individuals and Partners

$30,800- flat annual (effective 07.01.84)

Corporate Officers & LLC Members

$30,800- 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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