Workers’ Compensation Insurance — Protect Employees and Your Business

Workers’ compensation covers medical care and wage replacement if an employee is injured or becomes ill from work. It’s also a key compliance requirement in most states and protects your company from costly lawsuits. We help you quote, bind, and service a workers’ comp (WC) policy that matches your payroll, class codes, and safety program—so you can keep projects moving and employees supported.

Coverage Snapshot (What Workers’ Comp Typically Includes)

A standard WC policy has two parts: Part A — Workers’ Compensation (statutory benefits) and Part B — Employers Liability. Part A pays required benefits set by state law; Part B helps defend and pay certain suits not covered under Part A.

How Premium Is Calculated

Workers’ comp pricing is objective and auditable. In plain English, it’s driven by payroll × rate × modifiers, then adjusted by credits/debits and fees:

• Class Codes & Rates: Each job duty has a class code with a base rate per $100 of payroll. Accurate roles prevent overpaying.
• Experience Mod (EMR/X-Mod): Rewards good loss history; a 0.90 mod = ~10% credit vs average, 1.10 = ~10% debit.
• Schedule Credits/Debits: Underwriting adjustments for safety programs, tenure, management, etc.
• Payroll & Overtime: Certain overtime premiums can be excluded; owner/officer payroll may be limited/min/max.
• Audit Reconciliation: True-up to actual payroll at year end; pay-as-you-go ties premium to real-time payroll to reduce surprises.

Common Endorsements & Add-Ons

• Waiver of Subrogation: Often required by GCs/landlords for access to jobsites.
• Alternate Employer: Needed for staffing or borrowed servant arrangements.
• Voluntary Compensation: Extends benefits to workers who may not be statutorily covered.
• USL&H / Maritime / Jones Act: Separate or endorsed for certain maritime exposures.
• Stop-Gap Employers Liability: For monopolistic states (ND, OH, WA, WY) where EL must be added separately.
• Foreign Voluntary WC: For employees traveling/working outside the U.S.

What We Need to Quote (Fast)

1. Business basics: Entity, FEIN, years in business, locations, description of operations.
2. Payroll by class code: Estimated annual payroll by role; owner/officer inclusion/exclusion preferences.
3. Loss runs: 3–5 years if available; we’ll still help new ventures.
4. Safety & hiring: Written program, training, return-to-work policy, MVR/drug testing (if applicable).
5. Certificates & endorsements: Any requirements (Waiver, Alternate Employer, etc.).

Safety, Claims & Mod Improvement

Prevent claims and manage the ones that happen. We’ll help you implement light-duty/RTW, fast reporting, and medical network steering where allowed. These steps reduce lost time and improve your EMR over time.

• Designate a claims coordinator and report within 24 hours.
• Use modified duty positions to shorten disability duration.
• Keep OSHA 300/300A logs accurate and timely; investigate near misses.
• Leverage telematics/PPE and toolbox talks for high-hazard trades.
• Review unit stat data annually; we’ll check for reserve and mod errors.

Where We’re Licensed

We place WC for employers in these states and coordinate multi-state operations:

• AZ Arizona
• AL Alabama
• TX Texas
• CA California
• NY New York
• OH Ohio
• FL Florida
• NC North Carolina
• VA Virginia
• GA Georgia
• OK Oklahoma
• NM New Mexico
• IA Iowa
• KS Kansas
• MI Michigan
• NE Nebraska
• SC South Carolina
• SD South Dakota
• WV West Virginia

Workers’ Compensation FAQs

Related Guides & Add-Ons

• Business Insurance (GL, BOP, Property)
• Commercial Auto Insurance
• Commercial Umbrella Insurance

Licensed insurance producer (NPR/NPN 16944666). Coverage, eligibility, and requirements vary by state and class of business. This page is general information, not legal advice, and does not modify any policy.