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Old 10-05-2011, 02:24 PM   #21
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We reduced our WC cost by eliminating things we don't do like climb poles or work 1440V. I sat down with my agent and went ovewr all the codes so we were only charged for the type work we do.
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Old 10-05-2011, 02:29 PM   #22
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Not here. The last quote I got was 6.xx% for over $28 per hour and 8.xx% for under $28 per hour. The reasoning is, the more you're paid, the greater the chance of you being more careful and less likely to do a bonehead move to get hurt.
I'm sure it is different from state to state.
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Old 10-05-2011, 02:58 PM   #23
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We reduced our WC cost by eliminating things we don't do like climb poles or work 1440V. I sat down with my agent and went ovewr all the codes so we were only charged for the type work we do.

I implemented a drug and alcohol workplace policy and that gave me a 5% discount on my annual workers comp policy.
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Old 10-05-2011, 03:41 PM   #24
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I implemented a drug and alcohol workplace policy and that gave me a 5% discount on my annual workers comp policy.
How much do you have to drink to get the discount

We have the same thing our carrier will also help set up safety meetings to get you a better rate.
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Old 10-05-2011, 06:36 PM   #25
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look into "pay as you go" wc. they take the premiums out weekly and the amount will be based on your actual payroll from the previpus week. i just got a quote from hartford and it is about 10% lower thwn what we are paying now. great way to go if you are just atarting and have erratic payroll.
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Old 10-05-2011, 07:33 PM   #26
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Only Harry could turn something like WC into a bad thing.
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Old 10-05-2011, 07:35 PM   #27
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I was wondering I am an LLC in NJ and I want to start using helpers but I don't have steady work yet since I don't have steady work do they need to go on workmans comp if they are only working a few days or does it start no matter if they are full or part time and once they are on workmans comp do they have to be on a payroll check and if they are on a payroll check what is the no experience helper getting these days in NJ just wondering thanks.
You're going to need workman's compensation insurance not only for the new employee, but you'll need it for yourself to work as a subcontractor in the state of NJ. If a general contractor doesn't ask you for a certificate of insurance, or if he doesn't even know what one is, he is far from being a professional and it is almost guaranteed you will be ****ed for some money at some point. Also, if the GC does not list you as a GC the tax bill for the whole job is on him. He beats himself in the head but doesn't find out about till later. Of course without a permit there are no rules so be my guest.


The job I'm working on now which is making me a lot of money was a referral but would not hire me if I didn't obtain the WC insurance. It's a good idea to have it and roll with it. Good customers like that and it saves your ass if you break your ass one day.
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Old 10-05-2011, 10:51 PM   #28
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How much do you have to drink to get the discount

We have the same thing our carrier will also help set up safety meetings to get you a better rate.
12 pack before lunch....
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