What is Workers Compensation Insurance?
Workers’ compensation insurance provides medical and wage benefits to people who are injured or become ill at work. The coverage is mandated by each state and the wage and medical benefits vary by state.
The official definition of workers comp insurance is:
Workers’ compensation provides medical expenses, lost wages, and rehabilitation costs to employees who are injured or become ill “in the course and scope” of their job. It also pays death benefits to families of employees who are killed on the job.
How Does Workers Comp Work?
There are two main parts to workers compensation insurance:
- It provides injured workers with medical care and compensation for a portion or their income while they are unable to return to work
- It usually protects the employer from lawsuits by workers injured acting in the “course and scope” of employment
What Does A Workers Compensation Policy Cover?
Each state is different, but generally, the following are covered:
- Medical expenses
- Lost wages
- Death benefits
- Lawsuit protection
How Much Does It Cost?
Pricing depends on a variety of factors and will vary from business to business. However, to get a quote indication for your business’ workers comp policy we have made it easy. and have an online quote tool that you can use to get a quote when it is convenient for you, no office visit necessary.
To get your workers’ comp quote indication in seconds and compare it to what you are paying or to get it for the first time, it couldn’t be easier.