Aldrich Law Firm, Ltd.
Aldrich Law Firm, Ltd.

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877-508-0433Good People Deserve Good Lawyers. ®

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Good People Deserve Good Lawyers. ®

What insurance coverages are NV employers required to provide?

If you are a new business owner in Las Vegas, you may not yet realize your obligations regarding employment insurance. Your employees are legally entitled to certain protections, which are covered under employment-based business insurance. In this post, we will discuss two types of insurance that Nevada business owners are required to provide when they have numerous employees – unemployment and workers’ compensation insurance.

The Nevada Department of Business and Industry explains that all businesses in the state with one or more employees need to provide these types of insurance. Unemployment insurance compensates your workers who are let go from their jobs, for a certain period, to allow them time to seek employment elsewhere. If any of your employees suffer an injury on the job, workers’ compensation covers their medical treatment and often their lost wages while they recover. Additionally, you may be required to offer health coverage if you have over 50 full-time employees.

It may help to understand what qualifies as an employee. If you are self-employed, for example, you would not be required to have workers’ compensation or unemployment, since you are your own boss. Rather than hire people to work for your company, you might seek help from independent contractors, who would not officially be your employees. This type of employment arrangement is not as common. Since employment regulations are complex, and failing to abide by the law may result in legal action taken against your company, this information should not replace the advice of a lawyer.

John P. Aldrich
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