|
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 |
$33,300- Min
Annual Payroll (effective 01.01.08).
Sole-proprietors
and Partners covered only if endorsed on policy. |
|
LLC Members |
Statutorily
included. Corporation status. Treated as
executive officer.
Treated the same
as corporation.
Executives
employees, defined as owning 10% or more
ownership interest, may elect to be exempt. |
|
Corporate Officers: Corporations |
$15,600- Min
Annual Payroll (effective 01.01.02).
Executives may be
excluded by endorsement. |
|
General Liability Information: |
Owners Wages for General Liability: |
|
Individuals and Partners |
$27,900- flat
annual (effective 07.01.84). |
|
Corporate Officers & LLC Members |
$27,900- 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.
|
Pay As You Go work comp and general liability in New
Mexico.
