Workers Comp Insurance

Health Insurance might be the most significant sort of protection you can have. That is on the grounds that it influences a bigger number of territories than simply your wellbeing and it can likewise influence your monetary main concern. Visiting the doctor regularly can destroy your accounts. Medical coverage doesn’t simply assist you with paying for care, it can secure you and your family monetarily in case of unexpected and expensive injuries or illness. Unpredictable expenses can come up from anywhere and drive you insane. You would prefer not to be in the situation of including ‘cash worry’ to an effectively distressing clinical circumstance.

Fast Facts About Workers Comp Insurance

Is workers’ compensation insurance required by law?

Each state sets its own regulations for workers’ comp. Most states require it as soon as you hire your first employee. Texas is the only state where it’s optional for employers to purchase workers’ comp.

In addition to differences across states, the construction industry often has separate rules from other industries. Visit our workers’ compensation state laws page to learn about the requirements in your state.

What is employer’s liability insurance?

The employer’s liability section of workers’ comp protects the employer from lawsuits related to an injury, such as claims that the employer’s negligence caused the injury.

Your workers’ compensation insurance includes employer’s liability insurance – unless you purchased workers’ comp from a monopolistic state fund. If so, you can add this insurance as an endorsement from a private insurer. Read more about employer’s liability insurance.

Who Pays for Workers’ Compensation Benefits?

Employers who do not pay for benefits typically purchase workers’ compensation insurance to cover the benefits for employees. Most states require businesses to carry workers’ compensation insurance with the exception of Texas and New Jersey. In those states, coverage is elective.

 Employees are not responsible for paying for workers’ compensation benefits. The cost of this coverage varies greatly depending on many factors, including:

  • State laws
  • Business size
  • Type of work employees do
  • On-the-job risks

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Accommodating, professional, helpful, and quick. Very comfortable experience and i was impressed by their capabilities.

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They have strong ties with the community, and its shows. It's nice to do business with people that really show they care about you and your family.

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Carol S.

Over years we've never once had to worry about our coverage. My husband and I are long-time customers and proud to be.