Vermont requires employers to carry workers compensation insurance for their employees. Despite being a small state, Vermont has active enforcement and meaningful penalties for employers who go without required coverage.
Vermont Workers Comp Requirements
Vermont law requires all employers with one or more employees to carry workers comp coverage. Sole proprietors with no employees are exempt, but any employer who hires even a single worker must have coverage in place before that worker begins. The Vermont Department of Labor enforces compliance.
Vermont Workers Compensation System
Vermont operates a private market workers comp system. There is no state fund as a standard option, so all coverage is obtained through private licensed carriers. An independent agent who shops multiple Vermont carriers is the most effective way to find competitive pricing for your industry.
Industries with High Workers Comp Rates in Vermont
Vermont’s construction, logging, and agricultural sectors carry higher workers comp rates due to the physical demands and injury risk of those industries. Ski resort and tourism hospitality businesses also have active workers comp exposure, particularly during winter operating seasons.
Get a Free Vermont Workers Comp Quote
Comp Matters Inc. writes workers comp for Vermont businesses across all industries. Call (631) 248-2500 for a free quote today.
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