Call Us 510.886.6000
Life LIFE

Browse a variety of insurance options in order to find the right one for you.

Read More
Annuities/IRA ANNUITIES/IRA

Discover the perfect options to meet your specific and unique needs.

Read More
Business Insurance BUSINESS INSURANCE

Get the right coverage for the right price.

Read More
Restaurants RESTAURANTS

Insurance protects you against financial loss if you have an accident.

Read More
Retail Stores RETAIL STORES

Learn about different coverage options that fit your specific needs.

Read More
Apartment Insurance APARTMENT INSURANCE

We help you find the best coverage for your property.

Read More

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.

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

2.     Help build a bridge between the insurer and business.

3.     Educate employers about how workers’ compensation works.

4.     Work with employers in the development of a safety program.

5.     Analyze all classifications to make sure they are correct.

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

7.     Provide the framework for an early return to work program.

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

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

10.Be a resource to the business by bringing in other service providers to solve problems; i.e., attorneys, safety professionals, and third party claims consultants.

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.

We maintain relationships with underwriters who are specialists in the commercial property insurance arena, and we consistently monitor the marketplace for new and innovative underwriters. We will evaluate your specific business needs and make personalized recommendations for your business.

 

 

Posted 10:08 AM  View Comments

Tags: work comp
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Yelp
Facebook
Google_Plus
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
© Copyright. All rights reserved.
Powered by Insurance Website Builder