If you’re self-employed or a sole proprietor, you may immediately assume workers’ compensation isn’t relevant to your business. However, if you work in a high-risk industry like construction, you’ll often need coverage to obtain certain licenses, permits, or certifications. For example, if you’re an HVAC contractor and occasionally enlist the help of subcontractors or part-time workers for bigger jobs, the state may require you to have workers’ compensation coverage to pay for a subcontractor’s medical bills if they become injured at the worksite or while driving a company vehicle. You may also benefit from business auto insurance if an employee is in an accident that causes damage to a work van, company tow truck, or other vehicle used for business purposes.