Workers' Comp - suggestions/cost? RSS feed

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[Post New]02/26/2013 20:24
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Anonymous
We just hired a nanny, and we already love her! We are trying to do right by her and are withholding taxes and paying overtime and all that. We also want to comply with DC law and therefore need to get Workers' Comp insurance. I have called around and only found Workers' Comp insurance available through State Farm, and then only if we switch our homeowners insurance to them (which is $600 more expensive than the homeowners insurance we have now). Any suggestions? I have also looked into the DC government's offered Workers' Comp and it was way more expensive.
Suggestions welcome!!

Thank you.
[Post New]02/26/2013 20:39
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Anonymous
Sorry I can't help with your question, but am absolutely thrilled to hear that you're off to such a great start. Congratulations to you!
Weekly meetings just to "check-in" can help things running smoothly.
[Post New]02/26/2013 20:47
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Anonymous
*help keep things...
[Post New]02/27/2013 18:08
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Anonymous
Do you use a nanny pay service like nanny4taxes (I think) or GTM Associates (that's who we use). I think they both offer something or can send you somewhere
[Post New]02/28/2013 09:34
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Anonymous
Worker's Comp is expensive. We looked at doing it every which way, and just like you found, the cheaper premiums came from places that would cost us more in other ways (higher premium for homeowner's, or payroll services). WE ended up going with the government policy.

I do feel much more comfortable having it, though. I suspect we will never use it, but if we do ...
[Post New]02/28/2013 11:58
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Anonymous
I work for HomeWork Solutions (4nannytaxes.com) and many of our area clients purchase their Workers' Compensation insurance from Loudoun Insurance Group.

Call Bud and tell him that HomeWork Solutions referred you!
(703) 777-8118
bud@loudouninsurancegroup.com

As a prior poster mentioned, you save money bundling your Workers Comp with your other policies, and it does depend on how you are currently covered if the bundling makes sense or not.
[Post New]08/06/2013 10:06
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Anonymous
Can anyone link me to where I can find rates or apply for the government program (assigned risk?) workers comp insurance? I would like to see just how much more expensive it will be as compared to State Farm, etc. I can't find online who to call or where to get rates.

Thanks!
[Post New]08/15/2013 13:02
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webbkathy

Member Offline
http://does.dc.gov/node/166392

Phone: (202) 671-1000

Kathy Webb
HomeWork Solutions Inc.
800.626.4829
Kathy Webb
HomeWork Solutions Inc.

http://www.HomeWorkSolutions.com
800.626.4829

Simplifying Nanny Tax Compliance Since 1993
[Post New]04/02/2014 11:40
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Anonymous
bump
[Post New]04/02/2014 12:17
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Anonymous
Anonymous wrote:Worker's Comp is expensive. We looked at doing it every which way, and just like you found, the cheaper premiums came from places that would cost us more in other ways (higher premium for homeowner's, or payroll services). WE ended up going with the government policy.

I do feel much more comfortable having it, though. I suspect we will never use it, but if we do ...


+1

If you have to use it, you will think it is cheap, cheap, cheap.
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