Estimated reading time: 6 minutes
- What Is Workers Compensation Insurance?
- Workers Compensation Insurance Requirements By State
- How Does Workers Compensation Insurance Work?
- How Much Does Workers Compensation Cost?
- Does Workers Compensation Cover Coronavirus (COVID-19)?
- Is Workers Compensation Insurance Important?
- Workplace Fatalities And Workers Comp Insurance
- 10 Reasons Your Business Needs Workers Comp Insurance
- What Is A Workers Comp Ghost Policy? (VIDEO INCLUDED)
If you own a small business in North Carolina, chances are you have heard about Workers Compensation Insurance. While not everyone’s business may be required to carry this valuable insurance coverage…you need to understand the basics!
Do A Google Search for “workers compensation insurance nc” and you will see search results from LARGE insurance companies and various government authorities. None of these results actually does much to answer your questions!
We hope this Workers Compensation Insurance Resource will help guide you to making the best decision for you and your business.
What Is Workers Compensation Insurance?
Standard workers’ compensation coverage benefits include medical treatment, disability benefits, ongoing care, missed wages, and funeral costs for injury or illness sustained on the job. These insurances are meant to be no-fault coverages that you, as an employer, provide for your employees. For an IN-DEPTH look into what NC Workers Comp Insurance Is, check out our full article Below
Workers Compensation Insurance Requirements By State
Workers Compensation Insurance Laws vary from state to state. If you are North Carolina Small Business Owner, then you are responsible for carrying workers compensation insurance if you have 3 or more employees. For more information on Work Comp laws in all states check out our comprehensive guide below
How Does Workers Compensation Insurance Work?
Workers comp protects a business from unexpected workplace injuries. The insurance covers medical expenses and other liabilities. It has prevented a loss in money for many companies, allowing them to carry on and flourish. Workers Comp can be complicated, this WORKERS COMPENSATION GUIDE will help you to better understand this coverage.
How Much Does Workers Compensation Cost?
A Workers Comp Insurance Rate is based on employee payroll, employee duties (what the employee does for the business), the limit of employers liability, and the Experience Rating Modification Factor. Essentially, the more risk an employee’s job entails, the more payroll the company pays out, and the worse the company’s claim history is…higher the premium. To understand Workers Comp Insurance Rates better, check out this Workers Compensation Rate Guide.
Does Workers Compensation Cover Coronavirus (COVID-19)?
Does workers comp cover employees that get Coronavirus (COVID-19)? Both employers and employees are scrambling to learn how to protect themselves medically and legally. In this article, we will address such concerns by answering these questions
Is Workers Compensation Insurance Important?
Business Owners often ask whether Workers Compensation Insurance is important or not. This coverage for an employer can assure their employees will be well taken care of in case they are involved in an accident while at work. This Article will give small businesses a guide to why Work Comp Insurance is important.
Workplace Fatalities And Workers Comp Insurance
Workplace Fatalities are tragic and sometimes unavoidable. It’s a terrible thing on many levels, but it happens. 4,679 workers died on the job in 2014. That’s almost 13 deaths every day. This Article will give you an in-depth look at Workplace Fatalities And Workers Comp and the death benefits that are included!
10 Reasons Your Business Needs Workers Comp Insurance
Workers Comp Insurance SHOULD BE PURCHASED if you have employees or contractors that perform work for you. In this article, we will look at the TOP 10 Reasons Reasons You Need Work Comp!
What Is A Workers Comp Ghost Policy? (VIDEO INCLUDED)
Workers Comp Ghost Policies are often misunderstood! The fact is that Ghost Policies are actually just workers compensation insurance policies that are rated using no employees. This resource (and VIDEO) will give you more information about a Ghost Policy.