Workers’ Comp Insurance

What Does a Workers' Compensation Policy Cover?

Workers’ compensation insurance can help protect your employees from accidents or illness caused by job duties. As a business owner, it goes without saying that your employees are vital to your business. Even with safety measures in place, a workplace injury could occur at your business. A workers’ comp policy can help your employees that are injured or become ill because of work related events by covering their:  

Medical Bills

Could include prescriptions, emergency room visits 

Portion of Lost Wages

Can help if an employee needs time off to recover from work related injuries 

Ongoing Care Costs

Can include things like physical therapy 

It is important to review your workers’ compensation policy with a local agent to see what it covers. Connect with one of our offices in Maine, New Hampshire, Massachusetts, Rhode Island or New York to review your Workers’ Comp policy.

How Much Does Workers' Compensation Cost?

The cost of Workers’ Compensation will vary depending on factors such as payroll, the location of your business, and the type of work your employees do. Typically, industries with a higher chance of an on-the-job accident such as construction will pay higher premiums. Industries like information technologies or accounting generally will have low premiums. Businesses with more employees will normally pay more for a workers’ comp policy, since the odds of an injury increase with the number of employees. Reach out to your local office today to request a custom quote for your business.

Is Workers’ Comp Required for My Business?

In most states, businesses with one or more employees are required to have workers’ compensation insurance. However, certain employers may be exempt from these laws, depending on what state your business in located in. Check the current laws for the state(s) in which your business operates to determine any applicable workers’ compensation insurance requirements, and contact one of our local agents to discuss your options.

Workers' Compensation Quotes

If you are looking for a workers’ compensation quote for your business, contact us today. We have partnerships with the nation’s leading carriers as well as regional insurers to give you options.

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