Agents Can Help Employers Manage Workers’ Compensation Costs

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.
Search the market for options and program designs that fit the individual needs of each employer.

Help build a bridge between the insurer and business.

Educate employers about how workers’ compensation works.

Analyze all classifications to make sure they are correct.

Help the company prepare for the workers’ compensation premium audit.

Help the company review accidents and claims to determine trends and then create safety solutions.

Facilitate a claims review with the insurer to make sure all claims are being processed correctly.

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.
Give one of our agents a call to save money on your Business Insurance. Some of our Commercial insurance coverages include Commercial Auto, Work Comp, Business Owners Packages, and General Liability.
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