A “Ghost Policy” is a term used for a Workers Compensation policy with zero employees, zero payroll and an excluded owner. One of the most common examples of how a Ghost Policy is used is in the construction industry. A general contractor that’s building a house would likely have dozens of subcontractors they use throughout the build. Each of these subcontractors could file a claim on the GC’s workers comp policy, so they must have their own policy- or be included in the GC’s payroll audit, which could cost tens of thousands of dollars per year. In reality, each of these subcontractors is really its own little business, many of which consist of just one person. This is why the general contractor would require each subcontractor to carry their own workers compensation policy, which now means they don’t have to be included on the general contractor’s workers comp policy. For a quick, low rate and same day certificate- get a quote now...even for a ghost policy!