Workers’ Compensation Insurance

We take an individualized approach to workers’ compensation by meaningfully getting to know your organization and team. We then use that information to curate a policy that addresses specific industry risks and workplace hazards. This coverage will give your employees peace of mind and protect you from potential litigation in the event of a workplace injury.

Here are a few ways we support our partners with their workers’ comp needs:

• Tailored risk assessment to identify potential workplace hazards
• Simplified claims management support
• Optimizing premiums and discovering savings
• Industry-specific injury prevention strategies
• Compliance assistance with state and federal regulations—our team is licensed in all 50 states
• Regular policy reviews to ensure adequate coverage as your business evolves

Contact us today to schedule a consultation and discover the difference working with the right insurance provider makes.

WORKERS’ COMPENSATION INSURANCE FAQ

WHAT IS WORKERS’ COMPENSATION INSURANCE?

Workers’ compensation is an insurance policy designed to offer businesses financial benefits if an employee becomes injured or ill on the job.

Our policies support your employees while financially protecting you from potential litigation and medical costs in the event of a workplace injury.

WHAT’S TYPICALLY COVERED?

Remember that coverage varies from state to state and policy to policy. The workers’ comp insurance we provide our partners nationally can include, but is not limited to, the following benefits:

• Medical expenses
• Rehabilitation costs
• Short-term and long-term disability payments
• Legal fees and judgments
• And other qualified needs tailored to your organization

DOES MY COMPANY NEED WORKERS’ COMPENSATION INSURANCE?

Yes. Every state but Texas requires a company to hold workers’ compensation insurance, with some exceptions in specific circumstances and localities. For instance, some states don’t mandate a policy for independent contractors.

Nevertheless, the rules and regulations are particularly nuanced. That’s why working with an experienced provider specializing in risk assessment with nationwide experience—like us—is so tied to success. 

Schedule a consultation to discuss local requirements, start a policy, or to speak with us regarding any questions you may have.

HOW DO I GET THE BEST RATE?

Partnering with an experienced company that knows your industry generally lowers premiums and the price of workers’ comp plans. And while payroll companies can wrap a policy into their services, many often experience higher costs and less experienced assistance.

TIPS FOR LOWERING WORKERS’ COMP PREMIUMS  

• Perform a risk assessment with an insurance expert
• Address any hazards to the best of your ability
• Know your coverage needs
• Avoid bundling the insurance with a payroll company
• Review and update your policy annually alongside a provider

Want to find out if we can lower your rate while elevating your business insurance portfolio? Contact us today.

HOW ARE PREMIUMS CALCULATED?

As insurance professionals, we aim to ensure our partners receive the best coverage at the lowest rate. What’s more, along with what’s discovered in a risk assessment, premiums are often calculated by:

• Your business and industry
• Any work-related hazards found in the risk assessment
• Your employees’ job duties and their classifications
• Your company and payroll classifications
• That state in which you reside
• And other information, such as prior claims history, how insured your employees are, and other details