- No Payroll
- No Traditional Annual Audit
- Built for Qualifying Owner-Only LLCs
Owner-only LLC
PROGRAM
Get the Workers’ Comp Solution Your LLC Needs
Own an LLC with no W-2 employees? You may qualify for workers’ compensation without traditional payroll processing.
It takes less than one minute.
A Contractor Specialist will contact you to review your eligibility.
Why Run Payroll If You Have No Employees?
Traditional workers’ compensation options may require payroll processing, recurring reports, and annual audits—even when the business has no W-2 employees.
The Owner-Only Program offers qualifying LLC owners a simpler way to obtain the coverage they need.
No Payroll Processing
Avoid creating payroll solely to access workers’ compensation coverage.
No Traditional Annual Audit
A more predictable structure without the traditional annual workers’ compensation audit.
Built for Owner-Only LLCs
Designed specifically for qualifying LLC owners without W-2 employees.
Comparison Table
| Feature | Owner-Only LLC Program | Traditional |
|---|---|---|
| Weekly payroll processing | Not required | Usually required |
| Weekly payroll reporting | Not required | Usually required |
| Weekly payroll funding | Not required | Usually required |
| Annual workers’ comp audit | No audit | Common |
| Fixed monthly structure | Yes | Not always |
| Designed for owner-only LLCs | Yes | Rarely |
| Transition when hiring | Available through Paycorp HR | Varies |
- Your business is registered as an LLC
- You have no W-2 employees
- You need workers’ compensation coverage
- You want to avoid unnecessary payroll administration
Is this workers’ compensation coverage?
Yes. The program provides workers’ compensation coverage through the program structure described by the specialist.
Do I need to process payroll?
Qualifying owner-only LLCs can participate without traditional payroll processing.
Can every LLC qualify?
No. Eligibility depends on factors such as business structure, operations, location, and underwriting requirements.
What happens after I submit the form?
A program specialist will review your information and contact you to confirm eligibility and explain the next steps.
Stop Running Payroll Just to Get Workers’ Comp
See whether your owner-only LLC qualifies for a simpler solution.
No obligation. Eligibility and coverage are subject to program and underwriting requirements.
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32080, United States
+1 954-710-8121
team@litespeedins.com
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