What You Need to Know

Understanding Workers' Compensation Insurance

Protect Your Business with Workers’ Compensation Insurance

Workers’ compensation laws are designed to protect employees who are injured on the job by providing fixed monetary awards without the need for litigation. This streamlined process benefits both employees and employers, as it helps control financial risks by limiting the amount an injured employee can recover from an employer.

While employers are legally obligated to maintain a safe workplace, accidents can still happen despite the best safety measures. To safeguard against lawsuits and ensure that injured employees receive medical care and compensation for lost income, businesses in nearly every state are required to carry workers’ compensation insurance.

Keep in mind that Workers’ Compensation Insurance is not included in standard in-home business policies or Business Owners’ Policies (BOPs) and must be purchased separately.

Contact us today to find out how Workers’ Compensation Insurance can help safeguard your business and its employees.

Important Facts

  • In almost every state, businesses are required to buy workers compensation insurance.
  • Protects employers from lawsuits resulting from workplace accidents
  • Covers illnesses related caused by work.
  • Disability Insurance also mandated by most states. This covers off the job injuries.

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