Commercial Specialists Insurance Services Insurance for Contractors
HOME
CONTACT US
CUSTOMER LOG-IN
You have insurance needs? We can cover you.
APPLICATIONS
NEWSLETTERS

Food, Glorious Food…Usually

View CSIS Newsletter Archive
MAILING LIST
Please enter your email address below to join or be removed from our mailing list.
Email:  
Code:   Image Verification
              Can't see it? Reload Code
Type Code:  
 
TELL A FRIEND
Tell a FriendClick here to tell a friend about www.csisonline.com.
 - spacer

Workers' Compensation

Workers Compensation protects your employees should an injury occur during the course of employment. Payments are made to the injured party and can consist of medical payments, loss of wages or therapy.

All states require all employers to carry Workers' Compensation insurance and each state has individual laws that must be met.

At the very minimum, Workers' Compensation insurance policies will cover an employee's medical expenses and reimburse him or her for some percentage of lost wages.

Almost all states are "open market", which means the coverage is underwritten by private insurers; and some states are "closed" or "monopolistic" - the coverage is underwritten by a state-sponsored fund (ND, OH, WA, WV, WY). In states that are open, rates can vary between insurance carriers depending on the type of business the carrier is attempting to attract. In an open market, the rates for workers' compensation are competitive.

Employers with one or more employees are subject to the provisions of their states Disability Benefits Law. This law provides benefits to employees who may be become disabled because of injuries/sickness off the job or that may arise from other conditions such as pregnancy. Payments for these types of benefits are only allocated for the payment of wages... unlike that of workers’ compensation which provides payment for medical costs.

Rates for these policies are dependent on the degree of hazard that each occupation carries. Each occupation is coded and defined by state laws. Premiums are determined by the amountof payroll in each occupation code and is subject to annual audit for verification.

 

LIVE OPERATOR
ONLINE QUOTE FORM
To request a quote please fill out an online form using the link below
Get Quote Now
 
Instant Quote
 
SEARCH
Keyword:  
JOB BOARD
Looking for a job, or would you like to post a job to our job board using the links below?
POST JOB  VIEW JOBS
OUR CLIENT LINKS
Use the links below to either browse our client websites or request to have your website linked from our site.
  
SPEAK SPANISH?

Would you rather speak to someone in Spanish?

Usted prefiere hablar con alguien en Espanol?

Ask for Todd xt 107 todd@csisonline.com

Visit CSIS Insurance on Facebook