Texas is the only voluntary Comp state. BUT you remain liable for the workers' injuries and should opt out correctly - according to the state rules, filing your decision with the state and posting the proper notice to employees. Employers in all states need to realize they remain liable if they don't have coverage, and that their employees and their employees' families can sue them.
By law, it's optional for sole proprietors. Reality can be different though. In the construction trades most general contractors will require any subs who are sole proprietors to have workmans comp. This is what their insurance companies require. If a sub doesn't have workmans comp the insurance company adds their wages to the gc's bill.
what earnings must i report to workmans comp
no
i lost a finger in 1983 do i get money for that
4.5%
As each state's criteria for eligibility and amount of workman's comp payable differs, you need to contact your state's office for clarification.
Was it an on the job injury?
No, you would not be required to carry workman's comp on yourself; I would recommend personal policy coverage, in your case.
In some states being a sole proprietor with no employees allows you a waiver for the state required workmans comp insurance. However, many large companies as well as state and federal projects will require WC insurance, regardless of the waiver status.
For consumers, toll-free number is 800-252-3439. For injured workers, 800-252-7031.
Only if it is legal in your jurisdiction.
$15 per hr