Frequently Asked Questions (FAQ) about Georgia Workers’ Compensation Insurance
- How many employees must I have in order to be required to provide workers’ compensation insurance?
If you regularly employ three or more persons in your Georgia business, you are required to provide the benefits.
- Does this include part-time employees?
Yes, as long as they are regular.
- What do you mean by “regular” part-time employee?
A regular part-time employee works regularly on a part-time basis. Such as employees who only work on weekends.
- If my business is incorporated, am I or my fellow officers considered to be employees of the business?
The corporation is considered to be the employer and all officers are considered to be employees of the business.
- Can officers waive coverage on themselves?
As many as five officers may waive coverage on themselves. Each such officer must complete and sign a form WC-10 and file it with their insurance carrier.
- If one or more officers waive coverage, does this exempt them from being counted in the “three or more employees” rule? (See FAQ 1)
Officer exemptions do not reduce the number of employees of the corporation.
- What if I am operating my business as a sole proprietorship or partnership?
The Georgia Law considers sole proprietors and partners to be employers not employees, just the opposite of corporations. However, they can elect to be covered as an employee by advising their insurance carrier in writing.
- Can I purchase insurance from the Georgia State Board of Workers’ Compensation?
The Georgia State Board of Workers’ Compensation does not sell workers’ compensation insurance. Contact Simple Work Comp for more information regarding Georgia workers compensation and your assigned risk pool.
Need assistance with North Carolina Workers Compensation? Contact us or call 1-866-864-5684.
- Does Georgia have a State Fund?
- Does being self-insured mean that I don’t have to purchase workers’ compensation insurance, and that I put the money in the bank to pay for my employee’s workers’ compensation injuries?
In order to be self-insured, you must be approved as a member of the Georgia Self-Insurers Guaranty Trust Fund and certified by the State Board of Workers’ Compensation.
- I am concerned about my rating. Can you help?
Yes, contact us and we’ll be glad to help you with your rating.
Contact Simple Work Comp for information on Georgia workers’ compensation requirements. 1-866-684-5684
Simple Work Comp offers affordable workers compensation to thousands of businesses, and free workers compensation policy reviews as a courtesy to business owners. Have your existing workers compensation policy reviewed by one of our workers compensation insurance experts; a no-pressure complimentary service.
Knowledgeable consultants are standing by to deliver fast, accurate, affordable workers compensation quotes.
Source: https://sbwc.georgia.gov/insurance
