If you have employees, most states require you to carry Workers’ Comp. And landlords, vendors and other partners may require you to carry it before they’ll enter into a contract with you.
- EXPERIENCE50 years
Shopping for affordable Workers' Comp?
Workers' Compensation provides lost wages and medical benefits to your employees when they're injured on the job - and shields you from employee lawsuits. (Good thing, right?)
- Most state laws require you to carry it if you have employees
- Many contracts you'll sign with partners and vendors do too
Despite your best intentions, workplace accidents happen! With Workers’ Comp, the accident or injury is considered No Fault: insurance benefits are the exclusive remedy. So you can keep your business ... and your shirt!
Mylo's licensed advisors help you compare a wide range of affordable policies from top insurers – and make the best decision for your business.
Fast facts about Workers' Comp:
Your business's activity is assigned a rate that reflects its level of risk. Your premium is determined by a formula that includes this rate, your total payroll costs and your past Workers' Comp claims history.
Unfortunately, there are a few situations where you can be sued. The good news: these are rare – and you can head them off with Employers' Liability coverage (often included in Workers' Comp already).
Workers' Comp: What's in it for me?
If you’re starting a business and plan to hire employees (you're one of our favorite people by the way!), you’ll need to carry Workers’ Comp. Learn why that's such a good deal for you.Read More
Top 3 reasons to choose Mylo
We're part of Lockton, the world’s largest independent insurance broker, connecting people to top-rated plans for 50+ years. We're pros at knowing what your business needs.
Our friendly licensed agents screen top-rated plans from the most trusted providers around – and guide you to the best combo of comprehensive coverage and affordable price.
You save serious time and effort by comparing a wide range of plans tailored to you in one convenient place. Call us to see how surprisingly easy it can be!
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