Protect your employees and business from the unexpected
Workers’ compensation insurance, often called workers’ comp or workman’s comp, provides employees with essential benefits like medical care, wage replacement, and other support if they suffer a job-related injury or illness. In most states, businesses with employees are legally required to carry this coverage to protect both their workforce and their financial stability.
Workers’ compensation insurance is essential for most businesses with employees. Here’s a breakdown of who typically needs this coverage:
Businesses with Employees – In most states, any company with one or more employees must carry workers’ compensation insurance to comply with legal requirements.
Self-Employed Individuals & Independent Contractors – While not always required, some independent contractors or freelancers may choose to carry workers’ comp for protection, especially if they work in high-risk industries or need it to secure contracts.
High-Risk Industries – Sectors like construction, manufacturing, healthcare, and transportation often have strict workers’ comp requirements due to the higher risk of workplace injuries.
Employers in States with Strict Regulations – Some states have more stringent workers’ comp laws, requiring coverage even for part-time or seasonal employees.
Business Owners with Subcontractors – If a company hires subcontractors, they may be required to provide coverage unless the subcontractor has their own workers’ comp policy.
Regardless of legal requirements, workers’ compensation insurance is a smart investment for any business to protect employees and mitigate financial risks associated with workplace injuries.
As an independent insurance agency, we have access to multiple top-rated insurance companies. Our team will take the time to compare rates and find you the best deal!