Workers Compensation Insurance

As a business owner, you have a responsibility to provide a safe environment for your employees. They should be able to perform their jobs safely and with confidence. But we’re only human; mistakes are made and accidents happen. But what happens if one of these mistakes or accidents leads to an employee getting injured on the job?

If your business has workers compensation insurance (which is required in most states), the injured employee can receive benefits to cover medical expenses and lost wages during recovery. In exchange for these benefits, he or she forgoes the right to sue your business for damages. So, workers comp is a win-win for both employees and employers!

However, it is important that you understand the parameters of this policy. For instance, an employee may not be covered if he is injured while breaking company policy or attempts to work while intoxicated. Rather, workers comp protects those individuals who are performing their job properly, but still suffer an unfortunate injury in the course of working.

At Cost Cutter Insurance, we work hard to find you the best deals on insurance policies to help protect your commercial interests. Do you have safety protocols in place? Do you educate new employees on safe practices? Be sure to mention the efforts you make to boost the safety at your place of business; it could help you save on your workers compensation insurance!