Does Your NC Property Owners Association Need Workers’ Compensation Insurance? Yes!

/ Owner - September 16, 2014

The North Carolina Workers’ Compensation Act (“Act”) requires all employers with three or more employees to carry workers’ compensation insurance. The purpose of this requirement is to ensure that employees injured by an accident while working have a safety net to cover lost wages and medical expenses.   The Act, however, has a very technical definition of “employer” which is anything but intuitive. This leads to confusion as to whether or not non-profit owners associations are covered. In particular, many residential, commercial, and mixed-used property and condominium owners associations (collectively, “POAs”), which often consider themselves to have fewer than three employees, question whether or not they are covered by the Act and are required to purchase insurance. As explained in this article, there are good reasons to believe that all North Carolina POAs are subject to the Act, even if they may not have any traditional employees.       Read more……

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