From Taos to Santa Fe to Las Cruces, New Mexico lives up to its nickname as the Land of Enchantment. The state’s well-known scenic beauty and cultural treasures drive its strong tourism sector and growing film industry, and its reputation as a research and testing center has grown since the establishment of a national laboratory in Los Alamos in the 1940s.
New Mexico is home to more than 154,000 small businesses, employing 54% of the state’s private workforce. However, with more than 19,800 workplace injuries and 44 fatalities across all industries in 2017, New Mexico small businesses need to protect their employees with workers’ comp coverage. New Mexico workers’ compensation helps protect small businesses when an employee gets injured at the workplace.
For New Mexico’s small businesses, employers of three or more workers are required to carry workers’ compensation coverage, and for those businesses that engage in activities licensed by the Construction Industries Licensing Act, small businesses must have workers’ compensation coverage regardless of the number of employees.
Pie Insurance is proud to provide workers’ compensation insurance to New Mexico’s small businesses.