Workers Compensation Insurance: Protect Them; Protect Your Business
It is integral as a business owner or operator that your employees are protected in the event of an accident. Workers compensation is an important part of your commercial insurance portfolio that is not only wise financially but required for most businesses. At Hillegass, Wilson and Cowan, Inc., we help clients in Jacksonville, FL, and surrounding areas find competitive workers compensation insurance rates from top insurance companies. This type of insurance helps your employees recover after a work-related injury and protects you from financial obligation for medical expenses and potential lawsuits. Contact our certified agents today to learn more about your workers compensation options.
Why Workers Compensation Insurance Works for You
Workers compensation was first created in response to an increasing number of lawsuits sprung from work-related accidents. Employees who were hurt on the job lost wages and faced large medical bills sought settlements for their injuries. Even a single work-related injury lawsuit can cost a company its financial well-being and have a damaging effect on its reputation.
Workers compensation insurance pays for coverage after an accident in exchange for a premium. Workers compensation insurance pays for indemnity (wage replacement) and medical benefits for injured employees. In exchange, employees are required to relinquish their right to sue employers for further compensation.
This type of commercial insurance is beneficial to you and your employees. While few businesses could expect to survive a substantial lawsuit resulting from a workplace injury, few employees could afford to lose out on lost wages and afford substantial medical bills on their own.
Types of Workplace Injury
While some work-related injuries may seem obvious, others may not. Injuries include, but are not limited to:
- Slip and fall accidents
- Injury from equipment malfunction or misuse
- Mental or emotional distress from stress
- Repetitive motion injuries such as carpal tunnel syndrome or back pain
- Personal injury from a relationship with a coworker
It is important to remember when you consider the importance of workers compensation that “injury” can include mental, emotional or physical pain, and that not all injuries happen instantly or in a freak accident.
Working with an Agency Focused on Your Needs
At Hillegass, Wilson and Cowan, Inc., we will ensure that you pay the right premium for the coverage your company needs. After evaluating your operations and practices and the number and type of employees you have, we can hand-pick a policy for you.
We work with offices, retail and wholesale sellers, manufacturers, medical centers, construction companies and much more. Whether your employees are at a seemingly minimal risk for injury or work with complex tools or machinery, we can find the right coverage for you.
Protect Your Employees and Your Business
At Hillegass, Wilson and Cowan, Inc., we can answer your questions about workers compensation insurance in Jacksonville and surrounding Florida. From a simple policy to a specialized plan for your unique business, we can help. Contact us for a complimentary consultation and to get a customized quote today.