If you don’t purchase workers’ compensation insurance coverage, you place your business at high financial risk. Not only can you face a lawsuit for workplace injuries, but you’ll likely be fined for breaking the law. Workers’ compensation insurance is required by law in almost every state. Some worker exemptions exist, so you’ll want to check with your state to find out if coverage is mandatory for your business.
Keep in mind, workers’ compensation insurance protects not only your employees, but your small business too. For example, if your insurance is compliant with state law, an employee who receives benefits can’t sue you for their injuries or lost wages.
They can, however, sue you for things that aren’t covered under the workers’ comp portion of your policy. Employer’s liability insurance is also included in your policy to pay for court costs and legal fees if you’re involved in such a lawsuit.
We can help your business find complete solutions to your unique Workers Compensation Insurance needs. We’ll find solutions that create safer and more productive workplaces, more confident and secure workers and overall savings you’ll see on the bottom line. Coverage for office workers using their own vehicles on company business is often needed. If you have employees, it is critical that you consider workers compensation insurance coverage.
We also offer other business insurance products such as: general liability insurance, commercial property insurance, business personal property insurance, commercial auto insurance, inland marine insurance and more.