Frequently Asked Questions

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    Workers’ compensation insurance provides benefits to your employees if an injury or illness occurs in the course of employment. This type of insurance is typically required by law. Keep in mind, many small businesses are not required to provide this coverage due to their size. But you may still be able to purchase workers’ compensation coverage for your employees.

    Workers’ compensation is required by state law. So, there may be slight differences in coverages in each state across the nation. Generally, workers’ compensation provides the lost wages, disability benefits, and medical costs.

    Workers’ compensation costs vary based on several factors. This includes the state your business resides, number of employees, annual payroll, type of business, and claim history. But, generally, workers’ compensation will generally cost between $400 – $1200 annually.

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