Workers Compensation Information
Workers’ Compensation Insurance in California
Every job comes with its own hazards. From taking a fall to an injury from lifting heavy objects, workers’ compensation insurance can help cover your employees. This coverage is not something any business should be without if they want to minimize their risk. Let the agents at Strickler Insurance help you find the policy that will be customized for your company’s unique needs.
What is Workers’ Compensation Insurance Coverage?
When an employee is injured at work, they could face significant personal challenges, such as:
These events create a lot of financial insecurity for the employee. If the injury is work-related and occurred within the scope of the employee’s job duties, then the employer’s workers’ compensation insurance will provide the necessary financial assistance.
Who Does Workers’ Compensation Insurance Cover?
Workers’ compensation insurance has two primary objectives:
It releases the employer from civil liability, as workers’ compensation is the remedy for work-related injuries. They are not able to file a civil lawsuit when workers’ compensation benefits are offered.
The benefits provide wage loss benefits, medical treatment, vocational rehabilitation and death benefits, if needed, to employees.
When Is Workers’ Compensation Insurance Required?
Most employers are required to carry workers’ compensation insurance with limited exceptions. Both full- and part-time employees qualify for coverage.
What Does Workers’ Compensation Insurance Cover?
Numerous injuries might qualify an employee for workers’ compensation, including:
Repetitive motion injuries
Chemical exposure injuries
Chronic illnesses sustained from the working environment
The employer must file a report of injury with their insurance provider for the employee to receive any benefits. The workers’ compensation benefits the employee receives are dependent on the injury. For example, if the employee has a cut finger and receives stitches, has no work restrictions, heals up and is back at work without any lost time, then workers’ compensation insurance would only pay for the employee’s medical care.
What Is Not Covered Under Workers’ Compensation Insurance?
Workers’ compensation insurance doesn’t cover everything. The following are incidents not covered under this policy:
Injuries incurred while not on the job
Injuries that are self-inflicted
Injuries sustained through negligence
How Much Does Workers’ Compensation Insurance Cost?
Workers’ compensation premiums are determined based on the state in which the business is located, the number of employees, employee payroll, the type of work being performed, risk exposure and the industry. It’s important to talk with your agent at Strickler Insurance to get your insurance quote before making final coverage decisions.
Contact Us Today!
At Strickler Insurance Agency Inc., we offer some of the best rates in home, health, automobile, life and business insurance. Let us help you find an affordable rate for your workers’ compensation coverage. Call us today to speak with one of our agents!