As a business owner, you do everything you can to protect your employees from potential dangers, but accidents happen. When an accident happens on the job, it’s the employer’s responsibility to pick up the tab. Most business owners understand that workers compensation is important, but did you know that if you have employees, it is required by law? Even in states where it’s not mandatory, it can be a very good idea, particularly if you have many employees, or if they are engaged in hazardous activities.
Workers compensation is a type of insurance coverage that protects your employees. In the event of a work-related injury, it covers medical expenses, permanent disability, and a portion of the injured employee’s wages. When a worker dies as a result of injuries sustained while on the job, the insurance provides compensation to the employee’s beneficiary.
Having workers compensation also helps control the financial risks for employers since many states limit the amount an injured employee can recover from an employer. It can save you and your business from costly lawsuits and employee issues.
We now also offer "Pay As You Go" workers comp as an option to help alleviate challenges that some businesses face with the standard direct-bill method.
To get a free quote, either complete our online business insurance quote form or call us at 800-922-8381.