A Workers’ Compensation Update
There are over 4.1 million workplace injuries in the Unites States each year, according to OSHA. Employers spend about $155 billion on work related injuries each year. There is no doubt workers’ compensation is a big expense for employers.
The good news is there are many actions an insurance agent can do to help employers reduce workers’ compensation costs.
Workers’ compensation is an important part of your business insurance program. It is required by state law that your business has workers’ compensation insurance.
As a business owner, you go to great lengths to provide a safe working environment for your employees. Workers’ compensation continues to be a significant cost driver for most employers, and understanding all the factors that can drive your workers’ compensation cost can often be complex and time consuming.
Please call Steve for a no obligation insurance review.