Workers Compensation Insurance: Protecting Your Team and Your Business
Your employees are the backbone of your business. Whether they’re working in an office, on a construction site, or in the field, accidents can happen—and when they do, your team deserves the best care. At The Michaels Group, we help you safeguard your business and your employees with comprehensive workers compensation insurance. Let us handle the complexities so you can focus on running your business with peace of mind.
Why Choose The Michaels Group?
- Tailored Policies: Customizable plans to fit your industry, workforce size, and specific needs.
- Access to Top Carriers: Partnering with over 25 trusted insurance providers ensures competitive rates.
- Expert Guidance: Decades of experience in helping businesses navigate state requirements and coverage options.
- No Broker Fees: Get personalized service with no additional costs.
- End-to-End Support: From policy setup to claims, we’re here to guide you every step of the way.
Key Features of Workers Compensation Insurance
Medical Expenses
Covers costs for treatment and rehabilitation of workplace injuries or illnesses
Lost Wages
Provides financial support to employees during recovery.
Disability Benefits
Includes coverage for temporary or permanent disabilities resulting from work-related incidents.
Employer Liability Coverage
Protects your business from lawsuits related to workplace injuries.
Compliance with State Regulations
Ensures your business meets legal requirements, avoiding penalties and fines.
FAQs About Workers Compensation Insurance
Is workers compensation insurance mandatory?
In most states, businesses with employees are legally required to carry workers compensation insurance.
Does workers comp cover all employees?
Most employees are covered, but exemptions vary by state and may include independent contractors or specific industries.
How are premiums calculated?
Premiums are based on factors like industry risk level, payroll size, and claims history.
What happens if I don’t have workers compensation insurance?
Failure to carry required coverage can result in fines, lawsuits, and even criminal penalties in some states.
