Worker’s compensation is a type of no-fault insurance designed to provide employees with prompt medical treatment, financial compensation, and other benefits should they suffer a workplace injury or illness. A no-fault system means that an employee will be able to receive benefits regardless of who is at fault when an accident occurs. In turn, employees cannot sue an employer for damages related to any injury or illness resulting from an accident. Morning Star Agency Insurance Services, Inc. offers worker’s compensation insurance throughout California, Arizona, and Texas.
Each state sets its own workers’ compensation rules and regulations. Coverage, requirements, and premiums will vary from one state to the next. As a local Irvine agency, we have thorough knowledge of workers’ compensation requirements in California. Our experienced agents at Morning Star Agency Insurance Services Inc. will work closely with you to ensure your workers’ compensation policy meets those requirements.
Workers compensation covers:
- Medical care related to any work-related injury or illness
- Lost income
- Vocational rehabilitation
- Death benefits
- Permanent injury compensation
In California for example, workers’ compensation is mandatory if you employ at least one full or part-time employee. There are very special cases where certain businesses may be exempt from workers’ compensation. If you are a sole proprietor with no employees, you are not required to carry workers’ compensation insurance. Directors and officers can also be excluded from workers’ compensation benefits if the company is fully owned by those directors and officers. If your business operates out of state but have employees who regularly work in California, or who enter employment contracts in California, you may need to carry California worker’s compensation as well. It is a criminal offense to not carry the proper workers’ compensation insurance and you may face substantial fines and possible jail time if you do not have coverage.
You should take the time to thoroughly understand your workers’ compensation policy as well as your obligations as an employer. An incident in the workplace can have a drastic impact on the lives of employees and their families. At Morning Star Agency Insurance Services Inc., not only will we be able to provide you with a workers’ compensation insurance policy at a great price, but we’ll help you fully understand your policy and any obligations you may have.
It can take time to fully evaluate your business and loss history before providing a quote for any type of insurance. While we work as fast as possible to provide you with a quote, it is important to review your workers’ compensation plan a few months before the expiration of your current policy. This will give you adequate time to fully review existing coverage as well as determine your future needs.
Morning Star Agency Insurance Services, Inc. offers workers’ compensation and other essential insurance solutions to businesses throughout California, Arizona and Texas. For more information on workers’ compensation insurance or to get a free quote, contact us today!