Comply with state laws
Avoid fines
Protect your employees
Protection from lawsuits
...'cause they can get hurt
Locksmiths in Texas face risks like handling heavy tools, slips, and repetitive strain. Workers’ comp insurance protects your team, covering medical costs and lost wages while shielding your business from claims, so you can focus on keeping customers safe and secure.
In Texas, locksmiths are not required to carry workers’ compensation insurance. However, many locksmith businesses choose to provide coverage to protect their employees and reduce financial and legal risks for the business.
If a locksmith business opts out of workers’ comp, it must file a DWC Form-005 annually to notify the Division of Workers’ Compensation of its non-subscriber status and report all workplace injuries or illnesses. Failure to comply with these regulations can lead to penalties and increased liability risks.
For more information, visit Workers’ Compensation Insurance Texas.
Workers' comp insurance provides protection to both the employer and the injured worker. Like other types of insurance, it’s there to help in the event of an incident.
If a worker gets hurt on the job, the insurance company will help pay for the costs associated with their care so the worker is provided for until they return to work.
Since the company had an active workers' comp policy, they are not responsible for paying the medical bills.
Here are the main categories for classifying injuries in the locksmith industry. For more details, visit our guide - Workers’ Comp Class Codes for Locksmiths.
8017 - Locksmith Shops
8017 - Emergency Locksmith Services
8017 - Safe Installers
Here’s how to save money:
Classify your workers correctlyFor 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
If your payroll is more than was estimated at the beginning of the policy, it will be discovered at audit and you will be billed for the difference.
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. It can even help keep your costs down!
Report every incident- even if it didn't result in a large injury. Some things which seem insignificant can snowball into costly issues.
In Texas, workers' comp isn’t required, but offering 24-hour services can make it tougher to find affordable coverage if you choose to carry it. Late-night and emergency work are seen as higher risk by insurance companies due to the increased chance of accidents. If you operate around the clock, be sure to highlight your safety practices to help underwriters see your business as less risky.
If you’re self-employed in Texas with no employees, you’re not required to have workers' comp. However, some licensing boards or larger clients might require proof of coverage to work with you. It’s also worth considering if you want protection against work-related injuries.
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