North Dakota Exclusive Agreement Between Employer and Broker to Secure Group Insurance

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US-01165BG
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A broker is an agent who bargains and/or conducts negotiations for and on behalf of his or her principal as an intermediary between the principal and third persons in the acquisition of contractual rights. Such a broker normally receives a commission or brokerage fee for his or her services. While a broker's primary contractual duty is to procure prospects and negotiate with them on behalf of his or her principal, it is not uncommon for the broker to assume an advisory relationship to clients who are not knowledgeable in the types of contracts involved in the negotiations.

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FAQ

New Hampshire and Virginia are the only two states that don't require car insurance. That said, there is no one country-wide rule when it comes to how much car insurance you have to have. Each state has a different minimum amount of car insurance that drivers must obtain in order to legally drive on public roads.

North Dakota state law requires that all vehicles carry the following minimum insurance coverages: Bodily injury: $25,000 per person and $50,000 per accident. Property damage: $25,000 per accident. Uninsured motorist: $25,000 per person and $50,000 per accident.

The state may suspend your driving privileges if you do not meet these minimum requirements. North Dakota ? Auto insurance is required to drive legally in the state of North Dakota, but this is not enforced through the DMV. Therefore, you do not need insurance at the time of registration.

North Dakota law requires that all drivers must carry car insurance. This insurance coverage is not only for your protection but also for the protection of others on the roads.

Applying for workers' compensation benefits can be completed in a few different ways. You can complete a First Report of Injury (FROI) online. You can also fax a completed FROI to WSI at 701-328-3820 or 888-786-8695 or mail it to PO Box 5585, Bismarck, ND 58506-5585. Call us at 800-777-5033 with questions.

North Dakota's Workers' Compensation law, with limited exceptions, requires all employers to insure all employees including full-time, part-time, seasonal, and occasional workers before employees begin working. It is unlawful to deduct any portion of the premium from wages or salary of any employee.

Average Cost of Car Insurance in North Dakota The average cost of full coverage car insurance in North Dakota is $1,366 per year or $114 per month. The national average is $1,730 per year, so North Dakota drivers pay 21% less for car insurance than the typical American.

How much does workers' compensation insurance cost in North Dakota? Estimated employer rates for workers' compensation in North Dakota are $1.14 per $100 in covered payroll.

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North Dakota Exclusive Agreement Between Employer and Broker to Secure Group Insurance