TheseLosAngeles,CAIndependentAgents OfferStateFundAlternativeInsurance
Theindependentagents'newState Fundworkers'compalternative coverageoptionswillgiveyoupeaceof mindandensurethatyourconstruction tradesbusinesslicenseisprotectedand compliantwiththenewlaw,effective January1,2023.. Plansaresubstantiallylower thantheCAStateFundrates, andCalCommercial’sagents willhelpyoufindcoveragethat suitsyourbusiness.
InOctoberof2022,theContractors StateLicenseBoardissued ImportantNoticestoHVACand ConcreteContractors,notifying themofanewCalifornialaw, SenateBill216,Chapter978, Statutesof2022. Thenewlawrequiresproofof workers'compensationonfile withtheContractorsState LicenseBoardforC-20HVAC andC-8ConcreteContractors.
unexpectedbecausepreviously,a soleownerofanHVACorConcrete businesswithoutanyemployees didn'thaveanyrequirementsfor workers'compensationinsurance. Workers'Compensation Insuranceinsuresa business'employeesincase ofinjuryonthejob.
Thelettersreceivedwere
IftheCSLBlicenserenewalis duebetweenJanuary1,2023 andJune30,2023:theCSLB willnotrenewthelicense withoutproofofworkers' compensation. IftheCSLBlicenserenewalis dueafterJune30,2023: proofofworker' compensationmustbefiled withCSLBbyJuly1,2023.
CalCommercialInsurancehas insurancecarriersthatoffer substantialratesavingsformostof thebuildingconstructiontrades, comparedtoCalifornia'sState CompensationInsuranceFund (SCIF). Thisallowsyoutoshop aroundforcoverage,choose thebestoptionforyou,and receiveamorecompetitive price!
FindOutMore.Call949-7717731orVisit statefund.calcommercialinsura nce.com