Affordable workers' comp insurance for Minnesota small businesses

Reliable. Hassle-Free.
Coverage in less than 10 minutes.
Get my Instant Quote
  1. Workers' Comp Insurance
    /
  2. States
    /
  3. Minnesota

The A-Z guide to Minnesota Workers' Comp

Minnesota Workers’ Comp Laws

There’s no minimum employee requirement for Minnesota businesses, so workers’ compensation insurance is a requirement regardless of how many people are working for a company or an individual.

Required with

1

employee

All workers, part-time and full time need to be covered by a policy.

Workers’ compensation insurance isn't required for self-employed workers

Is workers’ comp insurance required in Minnesota? 

Yes, workers’ comp insurance is required in Minnesota. Under Minnesota workers’ comp laws, all employees, whether part-time or full time, would need insurance coverage.

In Minnesota, employees are defined as people performing services for a business or another person. This includes minors with employment certifications and immigrant workers. 

Do you need workers’ compensation coverage if you’re self-employed? 

Workers’ compensation insurance isn't required for self-employed workers in Minnesota, but it’s recommended. If self-employed workers have a policy, they can claim medical, disability benefits, and rehabilitation services for work-related injuries or illnesses.

Also, many self-employed workers do jobs for companies that require workers’ comp insurance. Having a policy helps meet those companies' contractual requirements.

Who is exempt from Minnesota workers’ comp requirements?

Here's who is exempt from Minnesota’s workers’ comp requirements:

  • Sole proprietors and their immediate family members
  • Business and farm partners and their immediate family members
  • Executive officers owning at least 25% of the stock in closely held corporations with less than 22,880 payroll hours in the previous year, and their immediate family members
  • Managers owning at least 25% of LLCs with 10 or fewer members and less than 22,880 payroll hours in the previous year, and their immediate family members
  • Farmer-owners, their immediate family, and family farm corporation officers. Employees earning less than $8,000 in the previous year unless certain insurance conditions are met
  • Employees with irregular, one-time, or sporadic work
  • Domestic and maintenance workers earning less than $1,000 in a three-month period unless they earned more than $1,000 in a previous three-month period at the same household
  • Independent contractors, veterans organization members, nonprofit workers earning less than $1,000 annually, Vista volunteers, foster grandparents, and certain railroad employees
No items found.

Common types of workers in Minnesota that we can insure

FAQ talk bubbles
Don't see your business classification?
‍We're here to help. Call 866-338-8823.

How much is workers’ comp coverage in Minnesota?

Your specific Minnesota workers’ comp rate will depend on the following factors:

  • The type of business you have
  • The size of your payroll
  • Your safety record
  • Claim history
workers comp policy cost

How can Minnesota small business owners save money on workers' comp?

  • Class Codes: Make sure your employees are classified correctly so you aren’t paying higher premiums that can be avoided.
  • Safety Training Program: Create and implement a formal safety training program to reduce workplace injuries.
  • Return-to-Work Program: Create a program that helps injured employees return to work with modified duty options.
  • Drug and Alcohol-Free Workplace: Make your workplace drug and alcohol free to enhance safety and qualify for discounts.
  • Check for Dividends: After your policy term, ask to see if you qualify for dividends for a good safety record.
Get an Instant Quote

How does workers’ comp work in MN?

If you need workers’ comp insurance for your business, start by getting quotes from a few different agents based on your estimated annual payroll. 

Choose the quote that suits you best and finalize the policy, which will last for the next 12 months.

You'll then select a payment plan that fits your cash flow, with options like monthly, quarterly, or pay-as-you-go. At the end of the policy term, the insurance company will audit your actual payroll costs. 

If you underestimated, you'll receive a bill for the difference; if you overestimated, you'll get a refund.

What does workers’ comp cover in Minnesota?

Workers who file a workers' comp claim in Minnesota can receive benefits for the following:

workers comp covers medical bills

Medical bills

workers comp covers lost wages

Lost Wages

workers comp pays death benefits

Death Benefits

Workers' comp coverage also protects employers from legal action. This means that if an employee sues your business because of a workplace injury, the insurance will cover the legal costs of the case.

How to get workers’ comp insurance in Minnesota

The most popular way to get workers’ compensation insurance in Minnesota is from an insurance company. You would get started by getting quotes from insurance agents or online agencies like Kickstand Insurance. 

If you are in a very risky industry or have a bad claims history and you have trouble finding insurance from a regular company, you can get insurance from the state fund. 

It is more expensive so it is not the best option if you can get from a regular insurance company.

Very large companies may be able to self insure if they meet certain requirements.

What can happen if I don’t have workers’ comp insurance in Minnesota?

Employers who fail to comply with Minnesota workers’ comp laws face the following consequences: 

  • A fine for up to $1,000 per employee per every week that the business wasn’t insured. 
  • Prohibition for hiring new employees until the business acquires proper workers’ compensation insurance. 
  • If a worker is injured while working for a business without workers’ comp insurance, a Special Compensation Fund judge will rule if the business is responsible for coverage of that employee’s medical bills or financial obligations. If found responsible, the business will have to reimburse the Special Compensation Fund along with 65% from the lack of insurance coverage fees. 

Why Minnesota small businesses choose us

  1. You can trust us. Reliable, dependable coverage you can count on.
  2. No hassle. It's an easy and straightforward process.
  3. Super fast. Get covered in less than 10 minutes.
Get an Instant Quote
Workers comp instant quotes
FAQ talk bubbles

FAQS

What are workers’ comp death benefits in MN?

When a worker dies on the job, workers’ comp death benefits offer financial support and coverage to the beneficiaries of the deceased. 

In Minnesota, these benefits include: 

  • Funeral, burial, or cremation expenses for up to $15,000
  • 50% to 66% of a worker’s weekly wages, depending on the number of dependents, over 10 years
  • $60,000 paid in either a lump sum or split into monthly payments to beneficiaries

How do workers’ comp settlements work in MN?

Minnesota workers’ compensation insurance settlements require written agreement between employees and employers.

Settlements require approval and sign-off from a judge and healthcare providers or insurers (also known as intervenors). 

Most employees thinking of settlement should seek legal advice to ensure they get the best from their agreement with employers. 

What are the statutes of limitations regarding workers’ comp in MN?

Worker’s compensation insurance claims in Minnesota are dependent upon the statute of limitations and specific circumstances on a case-to-case basis. 

  • For injury claims, employees have three years from the date of the filed First Report of Injury to claim compensation. 
  • For beneficiaries seeking compensation for a worker’s death, the statute is three years from the time the Minnesota commissioner received written notice of the death from the business employer. 
  • For injured workers in a coma or physically and mentally incapacitated and unable to collect benefits, the statute of limitations is three years from the date that the incapacity ends (as documented by a healthcare provider). 
  • Employers have three years to dispute claims if an employee claims an injury that results in disability while on the job. 

How do I get a workers’ comp insurance policy with Kickstand Insurance?

Start by filling out a short online form about your business. We’ll use that info to get you an estimated quote. Then, one of our experienced agents will contact you to review the quote and make sure you are getting the absolutely lowest rate possible for your business. Once the quote is finalized, you’re ready to buy the policy - often with coverage starting that day!

Get an Instant Quote

Learn more about Workers' Comp in Minnesota

No items found.

Why use Kickstand to
get workers' comp insurance?

Speed + Service + Experts

Document with workers’ compensation insurance quote surrounded by insurance icons

Unlike other online insta-quote systems,
here your quote is reviewed by experts

Why does it matter?

  • Avoid surprise bills at audit
  • Make sure all your employees are properly covered
  • Protect yourself from lawsuits

What do we check?

  • Business categorized correctly
  • Employees job roles
  • Special discount opportunities
    
     Excellent    5 stars  
5 Star Google Reviews

Ready to get started with Kickstand?

It’s time to get the coverage you need. Just complete our simple online form and we’ll get you a no-obligation quote and connect with one of our expert MN agents. It’s that simple!

Start your instant MN quote now!
The Ultimate Guide to Workers' Comp Insurance

The Ultimate Guide to Workers' Comp Insurance

A Step-by-Step Handbook for Small Businesses - you don't want to skip this!

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

By entering your email, you agree to our Privacy Policy.

Top Professions

Top States

Arkansas
Connecticut
Florida
Georgia
Missouri 
North Carolina
Oklahoma
Pennsylvania
Rhode Island
Tennessee
Texas
Virginia
See all

Small Business Insurance

Workers’ Comp
General Liability
Commercial Auto
BOP
Cyber

Resources/Education

Knowledge Base
Insurance Terms
WC State Requirements
State Guides

Company

About Us
Contact Us
Case Studies
Customer Reviews
FAQs

Kickstand Insurance Logo

© 2024. All Rights Reserved | Sitemap | Terms & Conditions | Privacy Policy
5148 US-9, Howell, NJ 07731

𝕏

The information on this website is not intended to serve as insurance advice. All content provided is for general informational purposes only.
For advice tailored to your business insurance requirements, fill out our online application and speak with one of our licensed insurance professionals.