Every business with employees should carry workers’ compensation insurance (workers’ comp)—in fact, almost every state requires it. But not every insurance policy and agency is created equal when it comes to coverage, prices, and service.
What Is Workers' Comp?
Workers’ comp is designed to provide important protect to both employers and employees. It assures workers who are injured or become ill while on the job receive medical care and compensation for a portion of the income they lose while they are unable to work. It also protects employers from lawsuits by workers injured while working.
Coverage for employees can include medical costs, a portion of lost wages, and services needed to help them recover and return to work. These benefits are received regardless of who was at fault in the accident. If a worker is killed while on the job, workers' comp provides death benefits for the employee’s dependents.
Coverage for businesses includes protection from legal action on behalf of injured employees.
The Difference with Elite
We know this can seem like a daunting and complex requirement for small, local businesses. But it doesn’t have to be.
We can help you understand aspects like:
- What your state workers’ comp requirements are
- What injuries, treatments, and benefits are covered per policy
- How premiums are set
- Your obligations as employer
- Assigned risk plans or pools
- Second injury funds
We know that every minute of lost productivity hurts your business, so we take pride in working quickly and efficiently to close claims faster.