A contractor's employee is injured on a job site and requires medical treatment costing $8,000. The contractor has workers compensation insurance. What is the contractor's likely out-of-pocket cost for this claim?
Correct Answer
A) $0
Workers compensation insurance covers medical costs and wage replacement with no deductible paid by the contractor for covered injuries.
Why This Is the Correct Answer
Workers compensation insurance covers medical costs and wage replacement with no deductible paid by the contractor for covered injuries.
More or-supplement Questions
Under ORS 701, what is the minimum amount of public liability insurance required for a CCB licensed contractor?
An employee is injured on a job site. The contractor's workers compensation premium was $2,400 annually. If they were operating without coverage, what is the minimum penalty multiplier applied to the premium?
A contractor completes a $12,000 deck project but the homeowner claims defective work. Under ORS 87, how long does the contractor have to file a lien for unpaid amounts?
Under ORS 701, what is the maximum amount a residential contractor can collect as a down payment before starting work?
A homeowner cancels a $8,000 roofing contract within the 3-day right to cancel period. The contractor had already ordered $1,200 in custom materials. How much can the contractor retain?
A general contractor hires a subcontractor who performs $15,000 worth of electrical work. The property owner pays the general contractor but the general contractor fails to pay the subcontractor. Calculate the subcontractor's maximum lien claim under ORS 87.
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What is the minimum experience requirement for obtaining an Oregon CCB contractor license?
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Previous Question
Under ORS 87, a material supplier delivers lumber on March 15th and their final delivery is April 10th. They are not paid. What is the deadline to file their construction lien?
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A material supplier delivers lumber worth $12,000 on April 10th. The project is completed on May 20th. Under ORS 87, what is the supplier's lien filing deadline?