...'cause they can get hurt
Accidents happen. Carrying workers compensation for your small business can help cover medical expenses, lost wages, death benefits, and legal costs in the event of an injured employee. With workers comp for SMB, you can give employees (and yourself) peace of mind when something goes wrong.
Not sure how to get workers' comp insurance for your business? We can help. At Kickstand Insurance, we provide the best workers' comp insurance for small business owners who strive to create safe and comfortable work environments.
Workers' comp insurance covers both the employer and the injured worker. Like all types of insurance, it acts as a safety net in case of an accident.
If a worker gets hurt on the job, the insurance company will help cover the costs associated with their care so the worker is well taken care of until they return to work.
Since the company had a workers comp policy, they do not need to pay anything towards the bills.
The National Council of Compensation Insurance (NCCI) sets a fixed rate for every industry.
The rate is based on the level of risk for that job description.
Premiums are primarily calculated by using your payroll numbers and your NCCI class code.
7380 - Delivery Drivers
8810 - Clerical Office Employees
8810 - Receptionist & Secretary
8810 - Cashier
8810 - Bookkeeper
8810 - Admin & Office Manager
8742 - Traveling Sales People
Classify your workers correctly
For example - Employees who do clerical work have a different code (8810). Lumping them together with manual labors will increase your premium.
Don't underestimate your payroll
You will be expected to pay the difference at the end of the policy.
Have a clear process to report claims
...and make sure your employees know about it. This will make the entire experience easier for all involved.
Report every incident
- even if it didn't result in a large injury. Some things which seem insignificant can snowball into costly issues.
Prepare for your audit
Every policy is audited at the end of 12 months. Keep your payroll records and files neat so you don't have issues later!
Unlike other online insta-quote systems,
here your quote is reviewed by experts