Get Reliable Workers Comp Insurance for Injuries, Wages & Recovery 

When an employee is injured or becomes ill on the job, workers compensation insurance helps cover medical expenses, lost wages, and rehabilitation costs. It’s a critical layer of protection, for your team and your business. Whether you have one employee or many, securing the best workers comp insurance for small business ensures compliance and peace of mind for everyone involved.

What Is Workers Comp Insurance?

Workers comp insurance¹ provides  medical  and wage benefits for employees who have a work-related injury or illness. Required by law in most states, workers comp insurance is essential to protect your business and your team.

What Does Workers Compensation Insurance Cover?

State laws regulate workers compensation insurance, with slight differences across regions. Typically, this insurance offers the following benefits to employees who suffer from a work-related illness or injury:

What Is Not Covered By Workers Comp Insurance?

Workers comp insurance is a no-fault system and provides benefits to employees regardless of who was at fault for the injury. However, certain exposures are typically excluded from coverages: 

• Injuries caused by intoxication or drug use
• Injuries to independent contractors
• Employee injuries that occur due to deliberate safety violations
• Claims made after an employee has been terminated

What Is The Best Workers Comp Insurance For Small Business? 

Your profession, industry, and services will affect which workers compensation insurance policy is best for your small business. Key benefits of the right policy may include: 

• Policies tailored to your specific industry 

• Coverage for contractors and part-time employees 

• Multi-location coverage for employees across different states 

• State² fund policies required in Ohio, North Dakota, Washington, and Wyoming 

What Is The Cost Of Insurance Workers Compensation?

Generally, Gild Insurance customers spend about $70 per month for insurance workers compensation. The cost of workers compensation insurance for small businesses can vary. Overall, factors like your industry, the size of your payroll, and the number of employees all affect the price.

The best way to find your workers compensation insurance cost is to get a free, online quote in minutes!

Get A Workers Compensation Insurance Quote Today!

Your Gild Insurance Agent is here to understand your business and find the right coverage tailored to your needs.

For a free, online quote in minutes, try out Gildber! The fast, hassle-free option for a business insurance. 

¹ Congressional Research Service, Workers’ Compensation Overview 

² National Federation Of Independent Businesses, Workers’ Compensation Laws – State By State Comparison