Workers Compensation, also known as Workers Comp or Workman’s Comp, is insurance coverage purchased by business to cover its employees. This coverage is mandatory in state of California for every business that has employees. Workers Comp provides coverage to employees if they get injured during their employment while at their jobs. It pays for medical costs associated with the injury or sickness, that happened during employee’s work, and portion of their lost wages. This coverage may extend to pay for retraining and re-certification costs, if required; compensation, if their injuries are permanent; and in case of a fatal accident, there might be benefits to the family of a deceased worker, if the accident happened on the job.
It is a criminal offense not to have Workers Compensation for businesses with employees. The penalties are severe and might be punishable by imprisonment as well. In addition, businesses without coverage might become responsible for their employees’ job related injuries; therefore, it is very important for all the businesses to obtain and keep Workers Compensation policy active at all the times.
Workers Compensation insurance can be purchased from the State or from private insurance companies.
Our agency have access to multiple insurance carriers that provide Workers Comp and we can get a quote for you from the State as well. We will get multiple quotes for you to choose from, so that you can get the best possible rate for your Workman’s Comp.
If you are looking for this type of coverage, have questions or would like a quote, please contact us.