Does your business have empolyees?  You need Workers' Compensation insurance.

Workers' Compensation is a mandatory insurance requirement for any business with one or more employees.  Workers' Comp is "no-fault" insurance, so the question of negligence by the employer is usually not an issue.   Workers' Comp provides money and medical benefits for any emplyee that has an injury on the job.

Workers Compensation Interactive Guide

How much does Workers' Compensation insurance cost?

Workers Compensation rates are set by the state of Massachusetts (or any other state where you conduct business).  These rates are based risk of injury associated with the work your employee does.  For instance, an office professional will have a much lower rate than a construction worker. 

Additionally, loss and claim history play a role in determining your premiums.  A company is assigned a rating factor based upon the frequency and severity of their claims.  Companies with good loss histories can receive a preferable rating resulting in discount, while a company with a poor loss history can recieve a high rating resulting in a surcharge.

Contact us today to find out how our Account Executives can help you manage your Workers Compenstion insurance.