What to Know
You are required to carry workers' compensation insurance in Iowa if:
- You have any employees working in Iowa.
Other regulations that may affect you:
- Workers' compensation insurance covers wage replacement and medical bills for employees injured on the job. To protect against other injuries at your place of business, you may need general liability insurance. Learn more about general liability >>
Where to Get It
- Iowa has a private market, meaning that you can purchase workers' compensation insurance from any private insurance carrier or agency that is licensed to write in that state. WorkCompOne can write workers' compensation policies in any U.S. state except those that practice state-run workers' compensation (Ohio, Washington, North Dakota and Wyoming). Get started on a policy with WorkCompOne >>
- If you’re still having trouble, you can contact Iowa's assigned risk pool, which will help you find coverage.
Factors That Impact Coverage
- You are a contractor: You are not considered an employee if you meet certain qualifying requirements. However, a contract that designates a person to be an independent contractor does not make the person an independent contractor if the person functions as an employee. Are you an employee or an independent contractor? 10 ways to tell >>
- You are a sole proprietor, partner or member of an LLC: If you are engaged in the business on a full-time basis, you are excluded from coverage but have the option to include yourself.
- You are a corporate officer: Iowa includes you in coverage, but up to four officers may exclude themselves by completing a Rejection of Workers’ Compensation or Employer’s Liability Coverage form (available through the Workers’ Compensation Commissioner’s office).
Iowa Key Resources
If you employ workers in multiple states or your employees are temporarily working out-of-state, you need to purchase insurance for all the states where your workers are located, according to each state’s laws.
The nature of your business, number of employees being covered and past coverage and claims are all factors in how much your premium will cost. Learn more about workers' comp insurance rates >>