Workers Compensation Information
Coverage For Dallas, Plano, and Surrounding Areas In North Texas
Employees are the key to every business, and it's important to make sure they are kept safe on the job. Even though your business may maintain safety measures and work with best practices, accidents can still happen, leading to employee injuries.
Workers compensation insurance helps with expenses when an employee is injured on the job. It can help with medical expenses as well as legal fees of the business, should the employee decide to sue for compensation instead.
Rising Star Insurance Group agents work closely with businessowners to create a workers compensation policy that is comprehensive and affordable. We want to keep your business and your employees safe by providing great customer service and reliable policies. Insure your business today by calling (972) 587-7700 or fill out a form for a free online quote today.
Common Workers Compensation Questions
Any business with employees should carry workers compensation coverage - even if the business only has one or two workers. The reason for this is to protect those employed - as well as to protect the business from a financial hit, such as a lawsuit. In most cases, workers compensation can prevent or compensate for a lawsuit regarding a work-related injury.
Workers compensation premiums are typically based on payroll. In Texas, workers compensation generally costs 75 cents for every $100 on payroll, which makes the average cost for a small business around $250 a year.
Coverage amounts should be calculated based on the number of employees, the industry and the risk level of injury. Industries and professions that require a lot of physical labor should have higher amounts of workers compensation. Speak with a Rising Star Insurance Group professional today about how much insurance your business may need.
Workers compensation covers expenses after an employee is injured relating to:
- Emergency services (ambulance, emergency surgery, etc.)
- Lost wages
It can also protect the business against lawsuits regarding the injury.
Workers compensation requirements depend on where you live, as different states have varying laws regarding this insurance. Texas does not legally require workers compensation insurance. Other states have workers compensation requirements primarily based on the industry and number of employees.