Workers Compensation

Safety at the workplace is essential. Despite the measures you take to keep your business and workers safe, accidents can always happen. Workers’ compensation insurance can help to ensure you and your employees are protected if a work-related injury or illness occurs. Start by learning more about workers’ compensation insurance and speaking with your agent about your needs. 

What Is Workers’ Compensation Insurance? 
Workers’ compensation insurance can help pay benefits to employees who experience a work-related injury or illness while at work. This coverage can enable your employees to recover from occupational injuries or illness in order to return to work faster.  

As a business owner, there are many benefits of workers’ compensation. This coverage can help protect your business from lawsuits that may stem from occupational illnesses or injuries. As a result, your employees typically can’t file civil lawsuits against you if they sustain a workplace illness or injury.  

Is Workers’ Compensation Insurance Required? 
Workers’ compensation insurance is required in most states. If you’re self-employed and not required by law to have workers’ compensation insurance, you may still want to consider coverage. Your personal health insurance may not cover work-related injuries, leaving you financially responsible for any medical bills. You might also miss out on wage replacement benefits that could keep your business operational while you recover. Every business’s situation is unique, and an agent at The Insurance Lab can help you navigate your workers’ compensation insurance obligations and needs 

How Much Does Workers’ Compensation Insurance Cost? 
The cost of your workers’ compensation insurance will vary. Factors such as these may affect your premium costs:  


Contact Us Today 
At The Insurance Lab, we are committed to providing service that is second to none. To learn more about workers’ compensation insurance and how it could help your business, contact your agent today.