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How much is the fine for not having insurance?

Posted on November 17, 2020

You can only get penalized not having the following types of insurance:

  1. Automobile – Each state has it’s own penalties
  2. Workers Comp and statutory disability: Only if you have payroll or have hired employees. Each state has it’s own penalties.
  3. General Liability – Only when you already have a policy and if you hire subs who do not have coverage, the amount you pay them get’s charged against your general liability and workers comp.
  4. Medical Insurance- Only when a state charges for not buying into a program on your taxes. There were previously charges from ACA

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