Workers Compensation Insurance in Lafayette, Louisiana

 Contractor Insurance | Workers Comp | General Liability | Commercial Auto | Tools and Equipment | Contractor Requirements 

For construction businesses, workers compensation is often the most expensive policy you carry. Proper class code placement and payroll reporting are critical. We work with roofers, general contractors, concrete crews, painters, drywall installers, carpenters, flooring contractors, and remodeling businesses to structure workers compensation correctly and reduce audit surprises. 

 Contractor Insurance in Lafayette, Louisiana 

•  Wrong class codes: Paying too much because job duties are coded incorrectly.
   
• Owner included/excluded incorrectly: Owner status was not set up the way the business operates.
   
• Payroll misallocation: Payroll not split correctly across job types or divisions.
   
• Surprise audit balance: Missing records can create large audit bills at the end of the policy.
   
• Uninsured subcontractors: 1099 subs without their own coverage can increase premiums and create audit issues.

• Payroll by classification code

• Experience modification factor

• Claims history

• Industry risk level

• Safety practices 

Small errors in classification or payroll reporting can significantly impact your premium. We review this with you before policy binding to prevent costly adjustments at audit 

Louisiana law requires workers compensation coverage if you have employees. Construction businesses are closely reviewed because of higher risk classifications. We help contractors understand their obligations before bids, license renewals, and contract submissions. 

Owners do not have to be included on their workers' compensation policy. We review this with you when setting up your policy.