Call Us (972) 587-7700 ☰ ˟
Logo
Call Us: (972) 587-7700
  • Home
  • Coverage
    • Business Insurance
    • BOP Insurance
    • Commercial Auto Insurance
    • Cyber Liability Insurance
    • Workers Compensation Insurance
    • Auto Insurance
    • Non-Subscriber
    • Employee Benefits
    • Home Insurance
    • Risk Management
    • Life Insurance
    • Boat, Motorcycle & RV Insurance
  • Get a Quote
    • Automobile
    • Business Owners Policy (BOP)
    • Commercial Auto
    • General Liability
    • Workers Compensation
    • Health
    • Homeowners
    • Life
    • Boat & Watercraft
  • Blog
  • Resources
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About Rising Star Insurance Group, Inc.
    • Location Map
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Business Insurance

Business Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
BOP Insurance

BOP Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Commercial Auto Insurance

Commercial Auto Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Worker Compensation

Workers Compensation Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > Understanding Texas Workers Compensation Requirements
FRIDAY, JANUARY 15, 2021

Understanding Texas Workers Compensation Requirements

Person holding a work injury claim form in front of their laptop

As a business owner, you have to implement a full risk management and compliance strategy, and this includes insuring your operations and employees appropriately. One critical benefit that you should never go without is workers’ compensation insurance.

It might surprise you to know that Texas differs from most states in that it does not require businesses to carry workers’ compensation insurance. However, this is not a free pass; it simply means that the state gives businesses the choice of either getting covered or facing an employee injury claim completely on their own. The choice, therefore, should be obvious.

Understanding Workers’ Compensation Insurance

A workers’ compensation policy is designed to cover a business in case one of its employees gets hurt on the job. A variety of injuries and illnesses might qualify for coverage, from slip-and-fall injuries to chronic illnesses that come from years of working in a hazardous environment.

By filing a claim against the business’s workers’ compensation policy, an injured employee can receive replacement income, coverage for their medical expenses and other financial assistance during their recovery period. Therefore, even though a work-related injury might force this person off the job, they won’t have to worry about financial struggles, all the same.

Additionally, when an injured employee files for workers’ compensation, they surrender the right to sue the business over their injury (in most circumstances). Therefore, workers’ compensation actually works as a vessel that will reduce the business’s own liability for an employee’s injury. It makes it much easier to handle your overall responsibility for someone’s losses, without putting your own commercial assets on the line.

Texas’ Workers’ Compensation Insurance Requirements

Because of the essential role that workers’ compensation insurance plays in risk management for any business, most states require nearly all businesses to carry coverage. Texas, however, is a bit different.

Under Texas law, there is no requirement for any business to buy workers’ compensation insurance. However, the law still places full liability for employee accidents onto the employer. Therefore, if an employee does get hurt on the job, and you don’t have worker’s compensation insurance to cover them, then they retain the full right to sue your business for compensation.

As a result, by not carrying workers’ compensation insurance, you leave your business vulnerable to countless challenges that could put your overall security and sustainability at risk. Therefore, even though Texas might not require you to have coverage, the law makes it abundantly clear that employers still bear responsibility for employee injuries.

All in all, carrying workers’ compensation insurance is a much better alternative than going without. It’s much easier to factor the cost of coverage into your budget as opposed to hoping that you’ll be able to pay an employee injury claim on your own.

Also Read: Does General Liability Cover Employee Injuries?

Get a Quote

Posted 9:45 AM

Tags: workers compensation insurance, business insurance, commercial insurance, rising star insurance services
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020

  • rising star insurance group(14)
  • business insurance(12)
  • commercial insurance(9)
  • general liability insurance(4)
  • workers compensation insurance(4)
  • rising star insurance services(3)
  • commercial auto insurance(3)
  • health and wellness(2)
  • bop(2)
  • covid-19(2)
  • cyber liability insurance(2)
  • business owners policy(2)
  • insurance(2)
  • home insurance(2)
  • health(2)
  • home(2)
  • car inusrance.(1)
  • workplace safety(1)
  • safety(1)
  • seasonal flu vaccine(1)
  • allergies(1)
  • distracted driving(1)
  • security(1)
  • business auto insurance(1)
  • coverage(1)
  • garage(1)

View Mobile Version

Contact Us Today!
(972) 587-7700

Contact Us
Facebook Twitter Google Maps

Resources

  • Get A Quote
  • About Us
  • Refer A Friend
  • Blog
  • Contact Us

Contact Us

508 Twilight Trail, Suite 201, Richardson, TX 75080
P: (972) 587-7700 | F: (972) 421-0800 | info@risingstarins.com
© Copyright 2021. All rights reserved. | Powered by Insurance Website Builder