Pennsylvania is proudly committed to keeping their employees safe. That’s why it enacted workers’ compensation laws. They’re there to help employers protect their businesses from lawsuits while providing peace of mind for their employees.
“Why do I always seem to pay more than I expected for my workers comp insurance?” This question is asked by almost every executive I meet.” David R. Leng, author of “Stop being frustrated and overcharged year after year by your workers’ compensation program”
Many small business owners don’t realize that they can reduce their workers’ comp costs! Here are some things you can do.
Employer can purchase a policy through any insurance company that is licensed in the state of PA. Kickstand Insurance offers insurance throughout the state. Large companies can apply to self-insure. Any employer who is having difficulty getting coverage, as a last resort, can get covered by the State Workers’ Insurance Fund (SWIF). For more details, visit the Pennsylvania Department of Labor and Industry.
The state of Pennsylvania has a Uninsured Guaranty Fund (UGF) which will cover any employee who’s employer does not have proper workers’ comp insurance. You will then be responsible to reimburse the fund for the benefits paid out to your employee, plus penalties and interest.
Plus, you would not be protected in the event that your employee decides to sue you for his or her injuries. Being sued for damages is far more costly than what workers’ compensation would cost.
Lastly, because Pennsylvania places a strong emphasis on workplace compensation, charges for failing to have proper coverage can carry fines and/or jail time. The severity of the charges can increase for each day of noncompliance.
Start by filling out a short online form about your business. We’ll use that info to get you an estimated quote. Then, one of our experienced agents will contact you to review the quote and make sure you are getting the absolutely lowest rate possible for your business. Once the quote is finalized, you’re ready to buy the policy - often with coverage starting that day!
Kickstand’s agents have a broad knowledge of PA’s workers' comp regulations. They are eager to share with you how you can get the lowest premiums for your business and to walk you through the entire process.
Take 5 minutes to fill out our online form to get a zero-commitment quote and to connect with one of our expert PA agents.