Best Workers' Compensation Insurance

 

Your workers’ comp coverage may not include stop gap coverage if you’re in a monopolistic state, such as North Dakota, Ohio, Washington and Wyoming. Stop gap coverage protects employers from getting sued for work-related injuries and illnesses. If you’re not in a monopolistic state, your workers’ comp coverage likely includes stop gap coverage.

 

When you get a workers’ comp policy, you’ll have to pay a premium, also known as your cost for insurance. We offer small business owners two options to pay their small business workers’ comp costs:

 

Pay-as-you-go workers’ compensation lets you make monthly payments for your workers’ comp coverage which can be a great option for new businesses that don’t have enough cash on hand to make one large payment. It also lets you consolidate your workers’ comp payment with other insurance payments. Click the image below to check out an infographic.

 

 

Not every small business is the same. Working with an insurance company that understands that is important. At The Hartford, we work with small businesses to help get them the insurance coverages they need.

 

Some insurance companies also offer discounts for bundling different coverages. With The Hartford, you can bundle your workers’ comp policy with:

 

A workers’ comp program typically includes a network of healthcare providers. If one of your employees has a work-related injury or illness, they can get treatment from a doctor in this network.

 

With The Hartford, your employees have access to our preferred medical provider network, which has:

 

Having access to a large network of healthcare providers means your employees can easily find an expert to treat their injuries or illnesses.

 

You want to be sure your insurance carrier can pay claims and provide necessary benefits for work-related injuries or illnesses. That’s why checking the insurance carrier’s claims process and ratings is important when choosing a workers’ comp provider. Third-party ratings, such as Moody’s or AM Best, can help you get a better financial picture of the insurance company. As of September 2019, A.M. Best rates The Hartford’s financial strength as an A+. This means we have a “superior ability” to meet insurance obligations.¹

 

Don’t forget to also check customer reviews when choosing a workers’ comp provider. Customer and third-party reviews are a good way to see what people think of the insurance company. At The Hartford, our customers rate us 4.8 out of 5 stars for their workers’ comp claims experience.* Reading these workers’ compensation insurance reviews can give you an idea of what it would be like if you have to file a claim for an injured employee.

 

We’re backed by over 200 years of experience and we have a team of specialists dedicated to serving you. They can help walk you through the claims process and answer any questions you have.

 

When you’re looking for workers’ compensation insurance, make sure the insurance company you’re considering provides coverage in the states your business and employees are in.

 

To get the best workers’ compensation insurance for your business, you need to know what’s required in your state. Most states require you to have workers’ comp coverage, but depending where you live, you might have different regulations.

 

How you buy workers’ comp can be different in each state. Businesses in North Dakota, Ohio, Washington and Wyoming need to get coverage through a monopolistic state agency. Read more on how to get workers’ compensation insurance and the places you can get coverage.

 

Carrying workers’ compensation insurance means you can help your employees if they get hurt or sick from their job. We understand the unique risks small businesses face and our small business insurance team can help drive you, your employees and your business forward. Get an insurance quote today or contact an insurance agent to get workers’ comp insurance for your business.