To help you answer this question, we’ve put together a brief summary of your legal responsibility as an employer:
Employers have a legal responsibility to their employees to make the workplace safe. Unfortunately, accidents happen even when employers and employees take every safety measure. That’s what workers comp is for.
Protect and Provide
Workers comp protects employers from lawsuits resulting from workplace accidents. It also provides medical care and compensation for lost income to employees who have been hurt in a workplace accident.
Because of this, in almost every state, businesses are required to buy workers compensation insurance.
What does it do?
- Covers workers injured on the job (whether they’re hurt on the workplace premises or elsewhere, or in auto accidents while on business).
- Covers work-related illnesses.
- Provides payments to injured workers, without regard to who was at fault in the accident, for time lost from work and for medical and rehabilitation services.*
- Provides Death benefits to surviving spouses and dependents*
Don’t I already have workers comp insurance under a BOP?
Workers compensation insurance must be bought as a separate policy.
Although in-home business and business owners policies (BOPs) are sold as package policies, they don’t include coverage for workers’ injuries.
If you already have workers comp, click the button below to ensure you’re getting the lowest rate and best coverage
OR if you don’t have workers comp, click below to learn more about it and receive a free quote.
*Note: Each state has different laws governing the amount and duration of lost income benefits, the provision of medical and rehabilitation services and how the system is administered.
For example, most states regulate whether the worker or employer can choose which doctor treats the injuries and how disputes about benefits are resolved.