From Kent Brown, Senior Vice President & Transportation Practice Leader, Hylant:

Workers' comp, in many cases, is required by law, and that is the sole source remedy for workplace related injuries. So if you've got employees, you generally are required to have a workers' comp policy, though there are certain conditions where you wouldn't be required to have it.

Worker's comp is state by state, and it's generally fairly generous in the coverages.

You could go without any coverage, if you have owner operators, are a sole proprietor, or you're an LLC with one owned and driven truck. That's probably something that a lot of people do. However, workers' comp rates for truck drivers are among the highest of any worker's comp rates. That's because there are lots of claims. So if you choose to go without coverage and you are hurt and you're down for a while, that's obviously going to cause big problems.

Another option is occupational accident insurance, which is much lower in cost compared to workers' comp, and it provides not only medical benefits, but also disability benefits. So it pays you disability while you're out of work.