Workers’ Compensation Insurance in Lawrenceville, GA
Workers’ compensation insurance can help ensure that employees who get injured or sick at work receive help covering their medical expenses and lost wages.
Contact Paramount Insurance & Multiservice, LLC today for a personalized workers’ compensation insurance quote.
Who Pays Workers Compensation Insurance?
The employer typically pays for workers’ comp insurance. This insurance is designed to protect both employees after a work-related injury or illness. Here’s what employers need to know:
- The cost is not passed onto employees—It is the employer’s responsibility.
- Coverage is mandatory in most states—Requirements vary by location and industry.
- Provides benefits regardless of fault—Helping to cover medical expenses and a portion of lost wages for injured employees.
How Much Does It Cost to Get Workers Compensation Insurance?
Insurance premiums vary based on several factors:
- Industry and risk levels—Higher-risk industries typically face higher premiums.
- Company payroll—Premiums are often calculated based on the total payroll.
- Claims history—A history of claims can increase premium costs.
- Location—Rates and requirements can vary by state.
Businesses can compare workers’ compensation insurance quotes to better understand potential costs. This process can help identify the best rates and coverage options for your needs.
Contact Us
Paramount Insurance & Multiservice, LLC in Lawrenceville, GA, is here to assist. Our team can help you understand workers’ compensation coverage—ensuring you find a policy that meets your business requirements.