Connecticut Workers’ Comp Insurance
CompShield is licensed to write workers’ comp directly in Connecticut, License #2668839, and we’re an independent agency comparing real carriers, not a single-carrier storefront. Connecticut’s finance, insurance, and aerospace manufacturing base means the businesses we work with here carry real, specific risk profiles, from Pratt & Whitney’s jet engine plants to Electric Boat’s submarine manufacturing.
Connecticut requires coverage from your very first employee, there’s no small-business exemption. A Connecticut court has already upheld a $10,000 penalty against an employer who failed to insure a single employee for just two weeks, this is not a state where “we’ll get to it” is a safe bet.
Connecticut Requires Coverage From Employee One
Connecticut law requires every employer to either prove financial solvency to self-insure, or carry insurance covering its full liability, starting with the first employee, there’s no numeric floor in the statute. One narrow exception exists: no liability attaches if a worker held themselves out as an independent contractor and the employer reasonably relied on that in good faith.
Civil Fines Up to $50,000, Plus Felony Exposure
Connecticut’s civil penalty for non-compliance runs from a minimum of $500 per employee or $5,000, whichever is less, up to $50,000, with an additional $100 per day for continued non-compliance after a finding, also capped at $50,000. Knowing and willful failure to insure is a Class D felony for the responsible owner or officer.
Misrepresenting employees as independent contractors, or lying to a carrier about headcount to lower premiums, is also a Class D felony and can trigger a state-issued stop-work order.
Connecticut Is Not a Monopolistic State
Connecticut allows private carriers to write workers’ comp, unlike the four monopolistic states, Ohio, North Dakota, Washington, and Wyoming, where coverage has to come through a state fund. Connecticut is an open, competitive private-carrier market, which is exactly where an independent agent comparing real options makes a difference.
How Much Does Workers’ Comp Cost in Connecticut?
Connecticut’s finance, insurance, and aerospace manufacturing-heavy economy means rates for those specific classifications reflect real, documented risk differences. The formula behind your real number is the same regardless of trade:
- Payroll. Your total insurable payroll, starting from your very first employee.
- Class code rate. Manufacturing, professional office, and healthcare classifications reflect Connecticut’s real economic mix and are rated accordingly.
- Experience mod. Compares your claims history to similar Connecticut businesses in your class code.
We’ll run the real number against your actual payroll and classification, not a generic Connecticut average.
Connecticut Workers’ Comp, Answered
Workers’ Comp by Trade in Connecticut
Finance, insurance, and aerospace manufacturing anchor Connecticut’s economy. Here’s where we focus in-state.
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