Workers' compensation insurance provides coverage for an employee who has suffered an injury or illness from job-related duties. Coverage includes medical and rehabilitation costs and lost wages for employees injured on the job. The insurance premium you pay depends on your employees job descriptions i.e. administrative, delivery person, etc.
Workers compensation insurance is required by law in most states. Learn more about what is required in your state.
Without adequate workers' compensation insurance the employer is exposed to two types of risk. First, if an employee is injured on the job, the employer may be held personally liable for both the cost of their medical care and for the lost wages while the employee is unable to work. Second, many states impose strict fines and penalties for employers who are cited for not having the required insurance.
Intuit Insurance Services (IIS) has chosen to partner with The Hartford, a leading provider that's been serving businesses for over 200 years because they have broad coverage for small businesses with competitive rates and superior service. Whether you're just getting started with workers' compensation or are interested in moving to a "pay-as-you-go" solution, Intuit and The Hartford make it easy.
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