Utah Contractor Practice Exam 2025 - Free Contractor License Practice Questions and Study Guide

The employer is responsible for covering the full cost of the premium for Workers Compensation insurance. This insurance is essential as it provides financial protection to employees who might suffer injuries or illnesses related to their job. It also offers employers protection against lawsuits related to workplace injuries.

In the context of the choices given, the other options do not accurately represent the responsibility for Workers Compensation costs. The employee does not contribute to the premium, and any split of cost between employee and employer is not standard practice under Utah law or in many other jurisdictions. Recognizing the employer's sole financial responsibility helps ensure that employees receive the necessary coverage without worrying about contributing to the costs. This is fundamental to the Workers Compensation system, which prioritizes the welfare of employees while also safeguarding the interests of the employer.