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H.B. Cantrell & Co
1501 E 7th St
Charlotte, NC 28204
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Phone: 704-954-9000
Fax: 704-344-8877
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Workers Compensation Insurance

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Who is required to carry Workers' Compensation?

In North Carolina, any employer who employs three or more employees is required to provide this coverage. Every executive officer selected or appointed and empowered in accordance with the charter and bylaws of a corporation is considered an employee of such corporation. For example, a corporation with two officers and one employee would be required to provide workers' compensation coverage. Any employer in which one or more employees are employed in activities that involve the use of or presence of radiation is required to have coverage.

Just because you file a "1099" for IRS purposes does not mean that those people would be considered independent contractors under the NC Workers' Compensation Act. If you as the employer exercise "right to control" over those individuals by governing the manner and method in the way in which they do their job, then they may be considered employees under the N.C. Workers' Compensation Act.

In South Carolina, The rule of thumb is that any employer who regularly employs four or more workers full-time or part-time is required to have workers' compensation insurance. There are some exceptions, including agricultural employees, railroads, and railway express companies and their employees, and employers who had a total annual payroll during the previous year of less than $3,000, regardless of the number of workers employed during that period. Also exempt are Textile Hall Corporation and certain commission paid real estate agents.

Although most employers must purchase workers' compensation insurance, any employer may purchase coverage. Who is required to carry Workers' Compensation?

In North Carolina, any employer who employs three or more employees is required to provide this coverage. Every executive officer selected or appointed and empowered in accordance with the charter and bylaws of a corporation is considered an employee of such corporation. For example, a corporation with two officers and one employee would be required to provide workers' compensation coverage. Any employer in which one or more employees are employed in activities that involve the use of or presence of radiation is required to have coverage.

Just because you file a "1099" for IRS purposes does not mean that those people would be considered independent contractors under the NC Workers' Compensation Act. If you as the employer exercise "right to control" over those individuals by governing the manner and method in the way in which they do their job, then they may be considered employees under the N.C. Workers' Compensation Act.

In South Carolina, The rule of thumb is that any employer who regularly employs four or more workers full-time or part-time is required to have workers' compensation insurance. There are some exceptions, including agricultural employees, railroads, and railway express companies and their employees, and employers who had a total annual payroll during the previous year of less than $3,000, regardless of the number of workers employed during that period. Also exempt are Textile Hall Corporation and certain commission paid real estate agents.

Although most employers must purchase workers' compensation insurance, any employer may purchase coverage.

Located in Charlotte, NC . We also serve the Gastonia, Huntersville, Mooresville, Rock Hill and Waxhaw areas. - Licensed in North Carolina and South Carolina