Workers Compensation Information
Workers’ compensation is essential to help cover the costs of one of your employees becoming injured or ill due to your workplace. Although Texas does not require workers’ compensation insurance, it can be a valuable asset in protecting you against financial losses. Without coverage, you will be responsible for out-of-pocket costs, putting your business at financial risk. Our agents at Vista Insurance are ready to help you sort through your coverage options.
Who Does Workers’ Compensation Insurance Cover?
Workers’ compensation covers employees that work for your business if they suffer a workplace injury or illness. Workers’ compensation can also protect you if a claim is filed against your business. Even if it’s your employee’s fault they became injured or ill at work, you could still have to pay the costs related to the lawsuit.
What Does Workers’ Compensation Cover?
Workers’ compensation insurance can help provide the following:
- Wage replacement
- Disability benefits
- Medical benefits to help treat a work-related injury or illness
- Legal fees if a worker’s family sues your business
- Death benefits
How Much Does Workers’ Compensation Insurance Cost?
Workers’ compensation rates vary. Variables such as the following can impact your costs:
- Type of work employees do
- Claims history
- Payroll size
- The industry
To factor in your variables, reach out to an agent to get a quote today.
Learn More About Workers’ Compensation Insurance
At Vista Insurance, we want to help you prepare in the event of an accident in your workplace. Our agents are ready to assist you through the workers’ compensation insurance process. Contact us today to learn more or to get started.