Workers compensation insurance is a vital part of protecting your staffing business. This type of insurance covers medical expenses and lost wages for employees who are injured on the job. It also provides death benefits to the families of workers who are killed while working.
Workers compensation insurance is required in most states, and it is important to make sure that your staffing business is properly insured. There are various workers compensation options available for Staffing Companies from Akker, LLC.
Guarantee Cost Workers Compensation - $0 Deductible
Small & Large Deductible Workers’ Compensation
Staffing Workers’ Compensation Captive
$0 Down Pay-As-You-Go workers’ compensation
In the United States, there are a number of states that have monopolistic workers' compensation systems. These systems are set up so that only one insurer can provide coverage for workers' compensation set up by the state. The problem with these monopolistic systems is that they often lead to higher costs for businesses when it comes to workers’ compensation. The four monopolistic states are Ohio, Wyoming, Washington, and North Dakota.
Here are a few tips to consider when it comes to risk management and safety for your workers’ compensation insurance.
Make sure all new employees are aware of your company's safety policy and procedures.
Conduct regular safety training for all employees.
Encourage employees to report any unsafe conditions or hazards.
Invest in safety equipment and supplies.
Regularly inspect your workplace for potential hazards.
Report workers’ compensation claims within 24 hours of the accident.
By following these tips, you can help create a safe work environment for your employees and lower your workers compensation insurance rates.
Contact our team at Akker, LLC for your staffing workers compensation.
Email - info@akkerins.com