Are You Overpaying for Workers Compensation Insurance?

 Our experience shows that most employers are..

The initial cost of Workers Compensation  Insurance is based on a simple function of payroll times rate but there are often ignored factors that can greatly change the cost for employers such as:

  • Audits
  • Classification of Employees
  • Excluded Employees
  • Overtime
  • Open Claims
  • NCCI Experience Modifications

Contact us now for a free review of these factors or for a Workers Compensation Insurance quote.


What is Workers Compensation Insurance?

Workers’ Compensation typically covers costs sustained as a result of injuries employee injuries from things like workplace accidents, violence and natural disasters. Workers’ compensation insurance can also cover death and illnesses/diseases contracted as a result of employment.

Employees are compensated for medical bills to treat work-related injuries as well as partial reimbursement for wages lost due to absence from work. Additionally, it usually protects employers from lawsuits initiated by workers injured on the job.

There are two parts to Workers Compensation:

 1.  Workers Compensation Insurance

This section of a Workers Compensation policy covers bodily injury that occurs on the job and by disease caused or aggravated by the conditions of employment.

Some common benefits available to employees under this coverage are:

  • Medical treatment
  • Permanent and temporary disability
  • Death benefits

2.  Employers Liability

Employers Liability Coverage. This section of the policy protects employers if they are found civilly liable for employee injuries that arise out of and in the course of employment. Employers’ liability coverage helps protect your business against common-law claims such as:

  • Care and loss of services
  • Certain types of third party claims
  • Consequential bodily injury to a family member of the employee