Contractors Workers Compensation Insurance in NJ

May 29, 2019


Are Prevailing wages and high Workers Compensation insurance premiums hurting your bottom line? Are they preventing you from being competitive in your bidding process?

Are you aware of the premium discount program available to contractors such as you who are forced to pay high wages due to job prerequisites and therefore pay even higher Workers Compensation insurance premiums?

The New Jersey Workers Compensation Rating & Inspection Bureau has a program called the New Jersey Construction Classification Premium Adjustment Program (NJCCPAP) designed specifically for those contractors paying hourly wages of over $24. in many different construction classes. It is conceivable that you can save up to 50% of your premiums on those construction classes that qualify for the program.

Please call us today 732-946-9300 for information and guidance on how to obtain these discounts and gain a competitive edge!