Workers’ Compensation Insurance:
Protection You Can Trust, Savings Always On
What is
Workers’ Compensation Insurance?
Workers’ compensation insurance provides financial protection for employees injured or disabled on the job while shielding employers from lawsuits related to workplace injuries. It covers medical expenses, lost wages, rehabilitation costs, and death benefits for work-related injuries or illnesses.
Workers’ comp is a legal requirement in nearly all states, ensuring a fair balance between employee protection and employer liability management.
Key Coverages in Workers’ Compensation Insurance
1. Medical Coverage
Pays for medical expenses related to work-related injuries or illnesses, including:
- Doctor visits
- Hospital stays
- Prescription medications
- Physical therapy
Example:
If an employee injures their back lifting heavy equipment, workers’ comp covers their medical treatment and rehabilitation costs.
2. Lost Wages
Provides partial wage replacement for employees who cannot work due to a covered injury or illness. Benefits are typically a percentage of the employee’s average weekly wage.
Example:
If an employee is unable to work for two months due to a broken leg sustained on the job, workers’ comp provides income support during their recovery.
3. Disability Benefits
Covers temporary or permanent disability resulting from workplace injuries. Benefits depend on the severity of the disability:
- Temporary Disability: Covers lost wages during recovery.
- Permanent Disability: Provides long-term benefits if the employee cannot return to work.
Example:
If an employee suffers permanent hearing loss due to prolonged exposure to loud machinery, workers' comp provides ongoing financial support.
4. Death Benefits
Provides financial support to the family of an employee who dies due to a work-related injury or illness. This includes funeral costs and income replacement for dependents.
Example:
If an employee dies in a workplace accident, workers’ comp pays funeral expenses and supports their family financially.
5. Rehabilitation and Retraining
Covers vocational rehabilitation services and retraining programs for employees unable to return to their previous job due to injury.
Example:
If an injured construction worker cannot perform physical labor anymore, workers’ comp may cover retraining for an office-based role.
Coverage A vs. Coverage B
Coverage A: Employee Benefits
Provides state-mandated benefits for injured employees on a no-fault basis. It covers
medical care, lost wages, disability benefits, rehabilitation, and death benefits.
Coverage B: Employer Liability
Protects employers against lawsuits if they are found negligent in causing an employee’s injury. Coverage B pays additional damages beyond Coverage A benefits.
Example: If an employer fails to provide proper safety equipment and an employee is injured, Coverage B protects the employer from significant legal costs.
What’s Not Covered by Workers’ Compensation Insurance?
Workers compensation does not cover:
- Injuries caused by willful misconduct (e.g., intoxication or illegal activities).
- Self-inflicted injuries.
- Injuries resulting from non-work-related activities.
- Pre-existing conditions aggravated by work duties.
Why Choose Us?
With so many options available for workers’ compensation insurance, finding the right policy can be overwhelming. That’s where we come in:
- We compare quotes from multiple carriers to find cost-effective coverage tailored to your business needs.
- Our licensed agents provide personalized advice based on your industry and state regulations.
- As a virtual agency, we save you time and money—no broker fees when you buy online!