|
Available
Programs: |
Carrier Risk
Tolerance: |
|
Pay As You Go Workers'
Compensation |
All risks acceptable:
low, medium, and high.
Includes risks such as
contractors, trucking,
roofing, and temporary
staffing. |
|
Pay As You Go General
Liability |
Contractor and service
risks acceptable:
low, medium, and high. |
|
Commercial Insurance-
12 Equal Installs |
Non-construction risks
only. |
|
Commercial Insurance-
Standard Lines |
Most risks. |
|
Workers'
Compensation
Information: |
Owners Wages for
Workers' Compensation |
|
Individuals and Partners |
$33,300- Min Annual
Payroll (effective
01.01.08).
Sole-proprietors and
Partners covered only if
endorsed on policy. |
|
LLC Members |
Statutorily included.
Corporation status.
Treated as executive
officer.
Treated the same as
corporation.
Executives employees,
defined as owning 10% or
more ownership interest,
may elect to be exempt. |
|
Corporate Officers:
Corporations |
$15,600- Min Annual
Payroll (effective
01.01.02).
Executives may be
excluded by endorsement. |
|
General Liability
Information: |
Owners Wages for
General Liability: |
|
Individuals and Partners |
$27,900- flat annual
(effective 07.01.84). |
|
Corporate Officers & LLC
Members |
$27,900- flat annual
(effective 07.01.84). |
* Information
contained herein is based on
the most accurate data as of
the time of posting. Please
check with you states
Division of Workers'
Compensation Insurance for
the most up to date
information and to verify
accuracy. |
Your source for work comp insurance in New Mexico,
NM
