Workers Compensation Insurance

Workers Compensation Insurance: Get Protected. Get Legal.

You're an employer. Do you need to provide Workers Compensation Insurance for your employees? What does the law say? And how do you secure the right coverage that's compliant AND cost-competitive?

The answers are right here at Windfall Insurance Services, the business insurance specialists for California and beyond

Workers Compensation Insurance is one of the comprehensive range of business policies we offer as part of our one-stop service. We can answer your questions, explain your options and get you covered quickly at the right price.

Start here.

What is Workers Compensation Insurance?

In simple terms, it's a requirement for businesses to protect employees who suffer a work-related injury or death, whether in the workplace or on the job somewhere else.

It pays for medical care and a percentage of compensation towards lost income, or death benefits, regardless of who or what caused the injury.

Insurers are responsible for these costs and there's no limit to the amount that can be paid.

Most policies also provide coverage for employers who are sued for a work-related injury that isn’t covered by statute.

Every US state has different rules dealing with coverage, benefit levels, scope of injuries, and the type of medical care.

Some states provide and manage their own Workers Comp Insurance, while others, like California, enable coverage to be provided by private insurance companies through agencies like Windfall, as well as through a state fund.

What Injuries are Covered by Workers Compensation Insurance?

This can vary from state to state. But the biggest source of claims is for deaths and accidents caused while an employee is in a vehicle for work purposes (but not to or from work, which is not covered).

Beyond that, accidents while working, workplace violence, natural disasters, occupational diseases, chemical exposure and even terrorist attacks fall within the scope of coverage.

The state prescribes what are defined as acceptable tests and treatment and how long benefits are paid for

Do I Need to Buy Workers Comp Insurance for my Business?

Again, rules vary by state.

Sole proprietors and partnership don't have to be insured until they employ someone.

And even then, in some cases, they can self-insure; that is the firm can cover the medical and compensation costs themselves rather than through an insurance policy.

Some states (but not California) also exempt employers who just have up to five employees.

How Much Does Workers Compensation Insurance Cost?

Premiums are based on several factors including the size and type of business and the sort of risks employees face. They also depend on the level of benefits in the state.

You may also have to pay a deductible -- from your own resources before the policy kicks in -- along with the costs of reporting incidents to the state and your insurer.

Workers Compensation Insurance in California

The rules for Workers Comp in California include:

  • Insurance is mandatory for any firm with one or more employees.
  • Employers must either purchase coverage through an agent or be self-insured.
  • Employers must have an injury and illness prevention program.
  • Five benefits: Medical care (and/or first aid), temporary disability (total or partial), permanent disability, supplemental job displacement, and death benefits.
  • Employers cannot ask employees to help pay the premium.
  • Failing to have coverage is a criminal offense with fines of up to $10,000 and one year in jail.
  • Employees can be treated for as long as necessary, although there are limits of chiropractic and therapy treatments.

Why Windfall is the Best Solution for Your Workers Comp Insurance

The rules around Workers Compensation Insurance are complex. For example, there are cases where independent contractors and subcontractors working on your behalf may be regarded as employees.

You need to be able to draw on the expertise of our business insurance professionals to make sure you're properly protected. Also:

  • If your business extends to another or more states, you may be subject to different regulations in each. You need the multi-state expertise of Windfall's specialists to guide you through the maze and arrange your coverage.
  • Premiums can be adjusted depending on past history of claims. We can advise and advocate for you.
  • We can help you manage and often lower your premiums though accurate calculations about your business, advice on injury prevention programs and safety committees, merit rating credits and negotiation of higher deductibles.
  • We have the experience and resources to deal with businesses of all sizes and, in most cases, can secure coverage very quickly.
  • We'll stay in touch with you to keep your coverage accurately in line with the changing size of your business.
  • We can cover all your other business insurance needs -- all under one roof!

Get a Free Workers Compensation Insurance Quote Now!

Give us the information we need and we'll give you a fast estimate of your Workers Comp Insurance premium. Or, if you have questions, just get in touch. Act now to be sure you're legally compliant. Penalties can rise to $100,000!

Request a Quote

Thank you! Oops!