Insurance company of the west workers comp

Workers’ comp coverage also has benefits for small business owners. For example, it includes liability insurance coverage. So, if your business faces lawsuits from injured workers or their families, workers’ comp can help pay for your legal costs.

Workers’ compensation helps your employees recover from work-related injuries or illnesses. It can help if your workers:

• Trip while walking up the stairs in your office
• Develop carpal tunnel syndrome from poor typing habits
• Get hurt in a car accident on their way to visit a client

It can also help pay to train your employees for new roles if they can’t return to their old roles. And, if they can’t return to work at all, workers’ compensation coverage can provide long-term disability benefits.

Be aware that most states require employers to carry workers’ compensation coverage. Laws vary by state and can include exclusions for certain types of employees. For example, workers classified as federal employees get coverage through a program administered by the Department of Labor.

We’ve designed our programs to support small businesses and we’re here to help promote your employees’ safety and well-being, helping them return to work as soon as possible.

Your employees have access to more than 65,000 U.S. pharmacies to fill a prescription, usually with no out-of-pocket expenses, plus convenient mail-order service.

If your worker gets hurt with a needle, this helps cover medical expenses and pays for the initial testing of your employee and their patient. It can also reimburse your employee for additional testing.

Highly experienced nurse case managers work with your employees to help coordinate healthcare and treatment. They can also help with physical, emotional and occupational therapies.

How Much Is Workers’ Compensation Insurance?

Workers’ compensation insurance costs vary. But according to our policy data, most of our customers with less than $300,000 in payroll pay an average of $70 a month.2 Some policies can start as low as $13 a month.3 Of course, this is for customers with The Hartford. Workers’ comp quotes will vary in price, but you can see how much you’ll pay by getting a quote online today.

An insurance company uses different factors to come up with workers’ comp rates. This can include your business’:

• Payroll
• Industry
• Employees’ type of work
• Claims history

The National Council on Compensation Insurance assigns classification codes based on the type of job workers do. If your business has a history of claims, this could increase your cost for coverage.

You can use this formula to estimate your workers’ comp insurance cost:

Workers’ compensation laws vary by state. Select a state using the map or dropdown menu and learn about its workers’ compensation system. Or browse all states workers’ comp insurance coverages.

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Last Updated: November 11, 2022

1,2,3,4 Premium amounts presented are based on monthly premium paid by The Hartford’s Small Business customers between 1/1/21 and 12/31/21 for 12-month policies. Premium is derived from a number of factors specific to your business and may vary.

*** This is a simplified calculation for educational purposes only. Actual premium calculations can be more complex. Experience mods are subject to state requirements and do not apply to every policy.

Additional disclosures below.