When you run a staffing firm, it is easy to get confused when it comes to your insurance coverage. Finding an appropriate plan for an agency that finds temp work for contractors is a lot different than insuring a more traditional business. Luckily, you can discover the right plan for your needs with a little research. The key to finding suitable coverage is making sure you have a firm understanding of all the options available to you. If your state doesn’t believe standard employers liability protection is enough, for example, you may need additional coverage.

What Is Stop Gap Coverage?

In monopolistic states, businesses are required to have a type of liability insurance known as stop gap insurance. If you send a worker to a business that does not protect the contractor in a suitable manner, this type of insurance acts as a way of safeguarding the employee. From workplace injuries to the contraction of a disease bred of an unhealthy environment, this is a type of workers’ compensation that is invaluable when it comes to making sure your team is totally covered no matter where you send them. This insurance is required if your business is located in:

  • North Dakota
  • Ohio
  • Washington
  • Wyoming

When Should Stop Gap Insurance Be Considered?

When you run a business that falls outside the realm of standard coverage, you need to go above and beyond with your insurance considerations. The more you know about the options before you, the easier it is to make decisions that have a positive impact on your future.

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