Workers compensation
Does your company have employees? Then you need workers compensation insurance In order to be covered in case the worker gets injured or sick at the workplace.
This insurance is required by most states because you must cover all work-related injuries and medical expenses
Protecting your future
Whatever your needs, give us a call, have you been told you can’t insure your risk, been turned down, or simply unhappy with your current insurance? Since 1995 we’ve been providing coverage to our customers, and helping people across United States.
What Is Workers’ Compensation Insurance?
Workers’ compensation insurance is also called workers’ comp or worker’s insurance, but it is the same thing. This insurance serves companies protect themselves from high medical costs due to illness or injury to workers.
At the same time, this insurance covers lost wages caused by absence from work. Death or disability if the injury occurred at work or the illness was caused by work.
Workers compensation insurance cost?
It is not the same whether you are insuring a construction worker or an IT specialist. There is a business classification system that calculates the rate according to the risk of the profession. In addition, these rates differ from state to state.
Another thing to consider is your payroll.
The annual payroll is what is looked at to calculate your Workers’ compensation insurance. This is the information you must prepare for calculating your offer.
Your claim history
And in this case there are rates. It depends on how many claims you had in the past and what they were or how serious the compensation was. If you have had claims in the recent past, you can also expect more insurance costs.
And the last item is your business location.
Every state has different workers’ compensation laws. Areas with higher risk also bring more expensive insurance premiums.
Workers compensation Quote
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