Own a business? Then you need workers compensation insurance
As an employer you know you need to keep your employees safe, this means investing in workers compensation insurance.
Workers compensation isn't part of a business owners policy, it’s a special stand-alone form of business insurance that provides protection for those key players on your team … your staff. And that makes sense, and its good business, because you count on your employees for services, for their knowledge and expertise. Without a safe and confident staff you can’t move your business forward.
You need work comp insurance
In most states, workers compensation is required by law. As a matter of fact, the workers compensation laws where created to ensure that employers assumed responsibility for some of the costs associated with workplace injury, and in some cases occupational diseases.
So, as a business owner with employees you have to have workers compensation.
So what are the work comp insurance basics?
Typically, workers compensation covers injuries or illnesses when occur while on the job.
Below are some examples where Workers compensation protects the employer:
- An employee is injured in an auto accident while running errands for the company
- An associate develops carpal tunnel syndrome from working on the computer
- An employee gets hurt while restocking the supply room
Get the right workers compensation coverage for your business
You want to get work comp insurance that can provide:
- Pay for an injured employee's medical treatment
- Replace part of lost wages if a job-related injury requires time off work
- Protect your business and assets
More than just workers compensation
If you’re shopping for work comp insurance, you have a business. That means you have more than just workers compensation needs, you likely need other forms of business insurance, like general liability insurance, commercial property insurance, professional liability or commercial auto insurance.
As business insurance experts, we can help you secure all of your business insurance needs, all with one insurance agency.
Let IronPoint Insurance Services help
IronPoint Insurance Services can help you find workers compensation that works best for your business, and we recommend ways to improve job safety, control losses, and lower your claim costs.