According to the New Hampshire state Employer’s Guide to Workers’ Compensation, businesses with one or more employee are required to carry workers’ compensation insurance. This coverage must extend to all employees, including part-time, temporary and immigrant workers as well as family members working as employees.
Employers must have a workers’ comp policy in good standing before any employees can be hired.
And if you’re an out-of-state employer who has employees “stopping and working in the state,” you’re also required to cover them with worker’s comp in New Hampshire.
All employers who are subject to this insurance requirement must post a notice in a conspicuous workplace location that informs employees of their coverage for workers’ comp.
Another important responsibility for New Hampshire employers is filing a claim for an injured employee within five days of learning of the injury. If an employer fails to file a First Report of Injury, they may be subject to a fine of up to $2,500.
New Hampshire employers get help with medical and disability expenses through their insurance company in the event of an employee’s work-related injury or illness. New Hampshire workers’ compensation laws make sure that employees receive benefits if they get hurt or become ill as a result of their work.
Workers’ comp insurance helps employers cover expenses such as:
Once a filed claim has been approved, employees can receive benefits like:
In some cases, New Hampshire workers’ comp policies provide coverage when an employee injury happens doing work out of state. NH employers with employees who travel for work should contact their insurance carrier for more details.
If a company in another state has employees who travel for work in New Hampshire, they may have to purchase additional coverage. New Hampshire requires that all employees in the state be covered, even if they are working there on a temporary basis.
Businesses who violate New Hampshire workers’ compensation laws may suffer a financial penalty.
The state may prohibit an employer from doing business in the state until they comply with the law. If the employer purposely fails to secure the necessary coverage, they may be charged with a class B felony.
Workers’ compensation costs vary across industries. Factors that influence price include:
Get a free instant quote in about 10 minutes from NEXT to see your workers’ comp insurance costs.
The State of New Hampshire Employer’s Guide to Workers’ Compensation and the NH Insurance Department state that the only workers exempt from the requirement to purchase workers’ compensation coverage are:
Note that your exclusion must be requested and approved. If you meet the above requirements, you must ask your insurance company to submit paperwork with the Department of Labor to request the exclusion.
In New Hampshire, private employers (or a homogeneous group of employers) may choose to self-insure instead of obtaining workers’ compensation insurance.
Self-insurance means that the employer or group of employers takes on the full financial responsibility that would otherwise be covered by workers’ comp.
Each self-insurance application must demonstrate financial stability and propose a guarantee (usually a surety bond) to cover this risk.
NEXT strives to resolve every claim quickly. Learn more about our claims process and how our claims advocates will work with you after an employee injury.
General liability insurance protects your business from common mistakes or accidents, such as customer injury or damages to someone’s property.
If you or your employees drive vehicles for work, you probably need commercial auto insurance. This provides coverage for accident-related expenses in a business-owned vehicle or a personal vehicle being used for work purposes.
Commercial property insurance can provide financial help if your business structures, goods, gear or inventory are damaged or destroyed by a covered event.
Learn more about workers’ compensation insurance options in the state where you work.
Best business insurance with the easiest process!
Small business insurance
I thought next was easy to use, great rates and outstanding follow-up.
Small start up
Thanks for helping a small startup. Was able to get the insurance I need for a cost I could afford.
Easy to use
Great! Set everything up and got the insurance needed for my business without hassle and it was very easy and quick to navigate.
Hassle free and great to work with. Affordable.
Peace of mind
easy to apply and and customer service is very responsive
Easy & affordable
This company makes the process very easy & affordable. Thank you for this service!!
Easy to sign up and has what I need.
Only took about 10 minutes to have all my questions answered and get the plan I need for my business. Great price and easy to understand plan.
The best service.
Thanks for your help with my needs, I'm very grateful for your assistance and help. I will recommend your company to others
Truly a great team of people that worked really hard to get everything together for me and went out of there way to make it fast and easy