Household employees can keep your properties and estates running smoothly, but they can also come with financial liability. If someone who works in your home injures themselves, their medical bills could be astronomical. On top of this, you will likely have to hire a temporary replacement, meaning that you will be paying for two salaries instead of one. There is also the risk that an employee could sue you, which could result in a hefty payout.
Clients with domestic employees, including drivers, childcare providers, housekeepers and caretakers, can purchase coverage to protect against allegations of wrongful employment acts, such as wrongful termination, sexual harassment and discrimination.
In Connecticut, Workers’ Compensation coverage is mandatory for any domestic worker employed 26 hours or more per week by one employer.
Workers’ Compensation coverage is mandatory in New York for any domestic worker employed by the same employer for a minimum of 40 hours per week. There is an exception for those employed on a farm.
The cost of workers’ compensation insurance is typically calculated by how many employees you have, as well as what state you live in. In some states, it depends on wages.
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