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Is Workers' Comp Required in Connecticut

Connecticut Workers Compensation Requirements

    In the state of Connecticut it is a requirement for every business who employs workers to carry Workers Comp Coverage.

    Sole Proprietors are excluded from coverage, but they may elect to be included.

    Partners and Corporate Officers are included in coverage, but they may elect to be excluded.

    LLC members who contain only one member are considered excluded but they may elect to be included. Members of a multi-member LLC are included unless they elect to be excluded.

Workers' Comp Exemptions in Connecticut

    Sole Proprietors and Partners who include themselves for workers compensation coverage must use a salary $67,500 for Workers Comp reporting purposes.

    LLC Members and Corporate Officers who include themselves under coverage for workers compensation coverage must use a minimum of $1,300 per week ($67,600) or a maximum of $2,600 per week ($135,200).


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How is Workers Comp Calculated?

Workers' compensation is a commercial insurance product categorized as Property & Casualty insurance (P&C Insurance). Even though workers comp is calculated using estimated payroll wages and class codes, premium is still a separate business expense from the cost of payroll. Business owners may treat the cost of coverage as an expense on their taxes.

Work comp rates for all job classification codes are always expressed as a percentage of $100 in wages. An annual policy is always subject to an audit because it was based on estimated wages and not actual wages.

Here is an example using two class codes with different estimated payroll for each class code:

Class Code Insurance Companies Rate Per $100 Estimated Annual Payroll Divide Payroll by 100
8810 Clerical $0.28 base manual rate $25,000  (25000 divided by 100) 250
8835 Home Health Care $1.75 base manual rate $100,000  (100000 divided by 100) 1000

In order to calculate the cost of the policy you only need to multiply each rate with its divided payroll. It benefits employers to re-calculate their premium as their payroll becomes larger than originally anticipated.

Class Code Workers Comp Calculator Estimated Premium
8810 Clerical $0.28 X 250 $70.00
8835 Home Health Care $1.75 X 1000 $1,750.00
Workers' Compensation Laws Vary by State

Every state has their own rules for how employees must be covered and how they must be classified for rating premium. A lot of states use state specific class codes and have different requirements for who is obligated to carry workers' compensation insurance coverage.

If you have employees that travel out of state for work, or they work in multiple states throughout the year, you may need to purchase insurance for all the states where your workers are located and working. In most cases, you can add multiple states to one policy.

Workers' Compensation Insurance in Connecticut can be purchased from private insurance companies authorized by the state to provide coverage. The Assigned Risk Pool, or State Insurance Fund, is available for employers who are unable to find coverage from a private company. WorkersCompensationShop.com can help you navigate your best options.

Policy premium is based on numerous factors including: class codes assigned to your business and employees, estimated payroll, covered states, prior policies, owner experience and previous insurance claims.

Enjoy the benefits of our Pay As You Go Workers' Comp Options in Connecticut.

$O Deposit or Minimum Down

We've developed Pay As You Go workers compensation programs that reduce or eliminate premium deposits and allow Connecticut employers to report and pay premium based on actual payroll wages. Protect your business from audits.

Lower Monthly Payments

We've negotiated special deals with many of our insurance partners. We offer more flexible payment options, like 12 equal installments plans and monthly reporting programs, to help improve cash flow for our business owners.

Connecticut Comp Specialists

We're a national agency who offer dozens of insurance companies that specialize in workers compensation. These companies want your business and we have the knowledge to get you the best rates on your coverage. Start a quote today.

Connecticut Workers Compensation Insurance Quotes

CT Workers' Comp Specialists

Connecticut has the second most expensive rates in the country for Workers' Compensation Insurance. The rates are 55% higher than the national average. We work with more than 30 insurance providers who help us find you the most complete coverage at the best rates in the industry. We also offer flexible payment options that help Connecticut business owners get workers comp coverage on their terms.

Help with CT Class Codes

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Fast Workers' Comp Quotes

Insurance rates vary significantly between NCCI classification codes. Let our CT Workers Compensation Specialists help you determine your correct workers compensation class codes before you buy a policy. We'll help make sure your business is properly covered.

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Don't pay too much for your workers compensation coverage. Call one of our Workers' Compensation Specialist at 888-611-7467.

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Did you know that the cost of a workers comp policy in Connecticut can vary significantly between insurance company, underwriter, and insurance agency?
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Visit NCCI for more resources and information about workers' compensation class codes. Visit United States Department of Labor for more information about government agencies managing workers compensation insurance rates.

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