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Minnesota (MN)

 -Workers' Compensation Insurance Information

 

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Payroll Company Workers Compensation Program Check Mark   Pay As You Go work comp and general liability in Minnesota.


 

 Available Programs:  Carrier Risk Tolerance:

Pay As You Go Workers' Compensation

All risks acceptable:  low, medium, and high.

Includes risks such as contractors, trucking, roofing, and temporary staffing.

Pay As You Go General Liability

Contractor and service risks acceptable:  low, medium, and high.

Commercial Insurance- 12 Equal Installs

Non-construction risks only.

Commercial Insurance- Standard Lines Most risks.

 

 Workers' Compensation 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:  Owners Wages for General Liability:

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.

 

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