28 Argonaut, Suite 100
Aliso Viejo, CA 85254
Whether you have one or 100 employees, Workers' Compensation Insurance is required in most states. Last year, workplace injuries affected thousands of employees and cost U.S. companies more than $110 billion. Chances are, your business will eventually have to deal with a workplace injury, which means that you will also have to deal with a workers' compensation claim.
This insurance works twofold:
It's important that you have the right workers' compensation insurance for your business's needs, as every business has different requirements.
Determining Your Workers' Compensation Insurance Needs
Think of workers' compensation as a legal compromise: in return for compensating employees who require medical treatment or who miss work due to a workplace injury, employers avoid costly lawsuits. Workers' compensation also protects employees who might not be able to support themselves or their families because of a work-related injury.
Workers' Compensation Insurance premiums depend upon the nature of your business, the jobs your employees perform, and the number of hours they work. Each job type is assigned a classification code. Riskier work is classified as such and assigned a higher premium.
Here are some strategies for reducing your workers' compensation costs:
Ask Your Insurance Professional
Your BenefitSource Insurance Professional will help you find the right workers' compensation insurance coverage for your specific needs.
Be Insurance minded. Contact BenefitSource today and we'll shop the top insurance carriers to assemble a policy with the right amount of coverage for the price you deserve.
To get started Email Us today or call us at (877) 215-5431.
28 Argonaut, Suite 100, Aliso Viejo, CA 92656
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