With its famous land runs of the late 1800s and a section of America’s most beloved highway, Route 66, Oklahoma is no stranger to the adventurous, entrepreneurial spirit. From Bartlesville to Tulsa to Oklahoma City, the state has fostered the dreams of pioneers since its early days.
Today, Oklahoma is home to more than 347,000 small businesses, employing 52% of the state’s private workforce. In fact, Oklahoma City was recognized as the nation’s best large city to start a new business. Food trucks, healthcare and business consultants, mobile salons, and construction firms are just some of the notable small businesses opportunities in the state.
If you have full-time or part-time employees working in Oklahoma, your small business is most likely required to carry workers’ compensation insurance. Workers’ comp insurance covers work-related injuries and illnesses regardless of fault. There are few exceptions to workers’ comp coverage requirements in Oklahoma; for instance, up to five immediate family member employees are exempt, independent contractors may waive coverage, and sole proprietors have the option to include themselves.
Pie Insurance is excited to be a new provider of workers’ compensation insurance in Oklahoma.