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Quick Answers
Do I need workers' comp if I'm a sole proprietor with no employees?
Usually no, though many sole proprietors carry a ghost policy or elect coverage on themselves to satisfy contracts. Subcontractor agreements with general contractors often require proof of WC even from solo operators.
How do carriers calculate general liability premium?
Most carriers rate GL on revenue, payroll, or square footage depending on the class code. Trades are typically rated on payroll. Retailers and offices are often rated on revenue. Higher-risk operations carry higher rates per unit.
What's the difference between an additional insured and a certificate holder?
A certificate holder is told a policy exists. An additional insured is added to the policy itself by endorsement and gets rights under it, including defense in many cases. Contracts that require additional insured status usually need a specific endorsement form, often CG 20 10 or CG 20 37 for contractors.
How long does a workers' comp audit take?
Most run a few weeks from request to final result. The carrier will ask for payroll records, 941s, certificates for subcontractors, and a class code review. If you can't show valid COIs for subs, the carrier may charge their payroll back to your policy.
If I work in multiple Indiana cities, do I need separate policies?
Usually one policy covers work across the state. You may need to verify that your limits, endorsements, and additional insured wording meet each city's permit and licensing rules. The policy stays the same; the certificate you provide may need to be tailored.
