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Purchasing Workers Comp Insurance in Tennessee

Tennessee State Coverage Requrirements

    All employers with five or more full-time or part-time employees are required to buy workers compensation insurance coverage. All construction related businesses are required to purchase coverage when they hire their first employee.

    Sole-Proprietors and Partners are automatically excluded on a workers compensation policy, but they can elect to be included. A Notice of Election (Form I-4) form must be filed with the state and insurance company.

    Corporate Officers are automatically included in work comp coverage, but they may elect to be excluded using (Form I-6).

    LLC Members are treated the same for workers compensation insurance as Partners.

2020 Payroll Limits & Owner Exclusion Requirments

    Sole-Proprietors and Partners who include themselves under workers compensation coverage must use a minimum annual payroll amount of $48,300 for rating purposes. (As of 03/01/2019)

    Officers and LLC Members who are not excluded from coverage must utilize a minimum payroll of $49,400 and a maximum payroll of $192,400 for the purpose of rating workers comp premium. (As of 03/01/2019)

    Owners in the construction industry are required to utilize a minimum payroll amount of $23,400 and a maximum amount of $71,000 for premium calculations. (As of 03/01/2019)

Workers' Comp Insurance Varies by State- Know the Law

Every state has their own rules for how employees must be covered and how they must be classified for rating purposes. 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 Tennessee can be purchased from private insurance companies authorized by the state to provide coverage. The Assigned Risk Pool, or State fund coverage, is available for employers who are unable to find coverage from a private company. 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 claims.

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

No Deposit and Minimum Down

We've developed Pay As You Go worker compensation programs that reduce or eliminate premium deposits and allow Tennessee employers to report and pay premium based on actual payroll wages. Reduce your audit risk.

Flexible Monthly Payments

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

Easier Underwriting

With stricter underwriting guidelines for workers compensation insurance in Tennessee, a lot of other agencies can't offer many of our special programs designed to help business owners save money on premium.

Quote Tennessee Workers Compensation With Us

Best Tennessee Work Comp Agency

At Workers Compensation, we've been helping Tennessee employers find lower workers' comp rates since 2005. We've already helped thousands of TN businesses find a better deal. Start your next workers compensation insurance quote with us today.

Need Help With Tennessee Class Codes?

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

Free Workers Comp Quotes

We make the process of getting workers compensation quotes fast and easy. We know your time is valuable. That's why we work harder to streamline the quote process, compare your rates and coverages, and present your best options as quickly as possible. We often have your insurance quotes ready in less than 24 hours.

Shop Over 35 Insurance Carriers

We're a National Agency, and we have tons of carriers offering work comp in Tennessee. We have access to over 35 insurance companies with a diverse appetite and competitive rates. Our markets know we expect the lowest rates, bigger discounts, and more policy credits when we request a quote.


Did you know that the cost of a workers comp policy in Tennessee can vary significantly between insurance company, underwriter, and insurance agency?
Find the best deal on workers compensation insurance.
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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