Workers' Compensation is required by law for any business that employs workers. An insurer who writes the Workers' Compensation policy for your business agrees to pay the benefits required under the law including medical costs and lost wages up to the limits mandated in the Work Comp Statute of the state the business primarily operates from.
Since it is a required insurance, every type of company is insurable. However not all carriers accept every type of industry. Roofing Contractors for example are a difficult business to place in a preferred Workers' Comp program. In Arizona, the State Comp Fund provides coverage for any company. Some companies who use the State Comp fund could save a great deal of money if they qualify to be insured by a preferred insurance company.
We've saved many companies thousands of dollars on their Workers' Comp plan and at the same time provided them with a much more pleasant service experience than "The Fund" can offer.
In some cases it can take The Fund as long as a year to put a Work Comp policy in place. This mostly happens when you own more than one business and they only allow 1 inspection a year and the existing business was just checked out. Reports that we hear are that it takes along the lines of 2 months to get a policy approved and started with The State Comp Fund.
We can put your Workers' Comp policy in place in as little as one day!
Need a quote or more information on Workers' Compensation? Please feel free to call us or submit an Online Quote Request!
