Nick Ondo, Commercial Insurance & Risk Advisor, Furman Insurance
There is no shortage of Professional Employer Organizations (PEOs) targeting the roofing industry. PEOs are most frequently utilized to help newly established or emerging roofing contractors secure workers’ compensation insurance for their first few years in business. The PEO providers are occasionally re-engaged later, after a roofing contractor experiences a severe injury with their stand-alone workers’ compensation carrier. While PEOs commonly provide payroll services and workers’ compensation benefits to roofing contractors, we find many contractors are not always completely aware of what fees are charged by the PEO for their services and what limitations there can be from a workers’ compensation insurance coverage perspective. This article aims to answer some frequently asked questions about PEOs from roofing contractors. Read more.