Are you giving your workers the safest job setting you possibly can? Even if you’ve created a healthy and safe workplace, accidents can still occur. Because of the statewide requirement in California for business owners to insure their employees, a workers compensation quote ca is necessary.
Because the price of coverage for workers comp in California is not universal, comparison shopping is recommended. A great place for you to shop for competitive rates is WorkersCompensation-California.com. The rates charged will vary depending on the industry category and the number of injury and illness claims previously reported.
Workers comp CA benefits cover medical care, short-term disabilty, and when necessary, permanent disability, as well. Other forms of compensation include supplemental help for those displaced from work and vocational rehab. If a worker is the victim of an injury during work hours that results in death, the beneficiaries receive a death benefit. Regardless of fault, treatment must be covered for illness or injury under workman’s comp.
In general, larger employers will insure workers compensation internally. In this case, the company must have state approval for the plan before implementing it. A business valued at millions of dollars with the head of the company making at least half a million dollars a year qualifies. Companies that decide to take this optional workers compensation strategy will need to back it up with the required security deposit.
If you employ even a single worker on your staff, it is essential to have worker’s compensation coverage.