If an employer fails to obtain Worker’s Comp coverage and an accident occurs, the injured employee may either file a lawsuit against the employer in civil court or file a claim against the state workers’ compensation system. The cost of a lawsuit can be extremely high and an employee could be entitled to lost wages, medical benefits and potentially long-term payments if permanently disabled depending on the severity of the accident, injury, or disease.
Items such as an identified safety program (according to OSHA standards), a verifiable loss history, and accurate payroll figures by classification will make the quotation process a smoother one for you.
Advanced Insurance Brokerage (AIB) has access to multiple companies to ensure that we can find a highly rated company to write your Workers’ Compensation insurance. It will only take 1 accident or injury to potentially drain a company of all reserves in this coverage is not in place at all times.