Workers Compensation Insurance
Workers Compensation is an essential component to the coverage requirements of any business with employees or any business who is contractually obligated to provide this coverage.
Workers Compensation Insurance coverage provides for the immediate medical treatment for injured workers and provides the necessary rehabilitation they may need to get back on their feet. This coverage will also help compensate your employees for lost wages and even provides a death benefit and survivorship benefits.
What factors determine your rate?
While many factors determine the ultimate rate, here are some of the common factors:
Job classifications of your employees
Estimated payroll for the next 12 months by job classification
Years of experience