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I am asked this question thousands of times annually by small businessmen. Here are the rules, they apply if you own or operate a business in New Jersey. If you have an employee and pay wages you are required to obtain Workers Compensation. All Corporations operating in New Jersey must obtain workers compensation regardless if you have employees. Partnerships or LLC must obtain workers compensation if you have employees, owners for those entities can exclude themselves. If you cannot obtain coverage from an insurance carrier, the State will assign one to insure you. Rates are set by the State based on the employee’s duties. All rates will be the same regardless of the carrier. These are the basic rules, I would be glad to any question you might have about your business. Drop me a line