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Indiana workers’ compensation law
Let’s talk Indiana workers’ compensation laws.
The first thing to know is that if you have employees in Indiana, you’re almost certainly required to have workers’ compensation insurance. Indiana’s workers’ compensation law is different from the law in other states—it doesn’t specify a minimum number of workers to trigger the workers’ compensation requirement. That said, Indiana law does state that “every employer” needs to have an active workers’ compensation policy (there are a few exceptions, but we’ll get to those).
Who qualifies as an employer under Indiana law? Basically, if you employ anyone, you count—even if your employees are all part-time. (You may even need to insure certain independent contractors if they haven’t filed for a Workers’ Compensation Exemption Certificate.)
You don’t want to ignore the workers’ compensation mandates, either. The Workers’ Compensation Board of Indiana keeps an eye on all businesses in the state, and if you break the law, you could be guilty of a Class A misdemeanor, charged up to two times the cost for an uninsured claim and may be enjoined from doing business.
In short, if you’re a small business in Indiana, you need a workers’ compensation policy. Fortunately, you can get workers’ compensation insurance online in about 5 minutes. (With Huckleberry, you could even save up to 32% on your policy!)
How much does Indiana workers’ compensation cost?
Good news there! If you purchase your coverage online, Indiana workers' compensation coverage can be very affordable. In fact, Huckleberry customers have paid as little as $16 per month for their workers’ compensation—that’s only about 50 cents per day.
Of course, the cost for your workers' compensation policy will depend entirely on your situation. Your safety record, location, and industry all have a lot to do with your workers’ compensation premium, but the most significant factor is the size of your payroll. Typically, the more employees you have, the more you’ll pay for your workers’ compensation insurance policy. (A large general contractor in Indianapolis will pay a different workers' compensation premium than a tiny family cafe in Fort Wayne!)
Since every workers' compensation quote is entirely custom, the big question is how much you will pay for your coverage.
The best way to get an answer? Try our 60-second workers’ compensation rate calculator. (It’s free and super easy.)
Workers’ compensation in Indiana: Coverage and exemptions
Workers’ compensation coverage in Indiana protects your business from liability if one of your employees gets sick or hurt on the job. It’ll pay for lost wages, medical expenses, and rehabilitation services when a worker gets injured (and it’ll even pay out for disability benefits if your employee cannot return to work for a while).
For example, if an employee injures their back on a job site, Indiana workers’ compensation will pay the cost of the initial medical bills and any follow-up healthcare. Then, if your employee is too injured to come back to work immediately, your workers’ compensation insurer will pay them a percentage of their former income while they’re recovering at home. In Indiana, the disability benefit is up to 2/3rds of what your employee was previously earning—up to a maximum weekly amount (which can change every year).
As you can probably tell by now, getting financial coverage for this kind of situation is crucial for your business. Without an active workers’ compensation policy, you and your business will be responsible for paying the full cost of an employee injury—even if the bill is hundreds of thousands of dollars.
Who’s covered by workers’ compensation insurance in IN? Everyone you employ, basically. Indiana law does make an exception for casual employees that don’t perform work in the same industry as your business (in other words, the guy you hired to mow your company’s lawn every few weeks might qualify as a casual employee). And sole proprietors, partners, and members of an LLC generally don’t need to be covered under Indiana law, unless they choose to.
Top industries we serve in Indiana:
4 reasons why business owners in Indiana love Huckleberry
- It’s fast. 95% of customers get the policy they need in 5 minutes.
- You’ll typically pay up to 32% less.
- Everything is online.
- Everything is easy.
Q&A about Indiana workers’ compensation rules
If you’re the only person working at your Indiana business, you don’t need to purchase workers’ compensation coverage. (Be sure to purchase coverage as soon as you hire someone, though!)
Going without workers’ compensation in Indiana is breaking the law—and it’s serious business. Indiana can charge you with a misdemeanor, shut down your business and charge you twice the cost of an uninsured claim.
Those penalties, though, are nothing compared to the price of paying for an employee injury out-of-pocket. If one of your workers gets sick or injured—and you don’t have workers’ compensation coverage to accept responsibility—you and your business could be on the hook for the total cost of the employee’s injury. If that injury is severe, you could be looking at a bill in the hundreds of thousands of dollars—especially if the injured worker needs ongoing financial support.
Ultimately, going without workers’ compensation is not worth the risk to you, your business, or your employees. Especially when you can get workers’ compensation online in 5 minutes—and save up to 32%.
Yes, you need workers’ compensation for all your employees—part-time and full-time.
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