List Of Workers Compensation Insurance Companies In USA
List Of Workers Compensation Insurance Companies In USA
Workers’ compensation is a type of protection paid by bosses to laborers who are harmed or impaired because of their work. By tolerating laborers’ pay benefits, the representative surrenders the option to sue their manager for harms. it’s important to note that there are many regional and state-specific insurers. Additionally, the availability of these providers can vary by state.
Workers’ Compensation Provides The Following;
- medical expenses
- lost wages
- rehabilitation costs to employees who are injured or become ill in the course of their job.
- It also pays death benefits to families of employees who are killed on the job.
Workers Compensation Insurance Cost
Insurance companies use different factors to determine the cost of workers’ compensation insurance. There are no fixed rates for small business customers. The price each company pays depends on many variables, starting with what they do.
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Here’s a list of some major workers’ compensation insurance companies in the USA:
- Travelers Insurance
- The Hartford
- Liberty Mutual
- Chubb
- Zurich Insurance Group
- AmTrust Financial
- CNA Financial
- State Farm
- AIG (American International Group)
- Berkshire Hathaway GUARD Insurance Companies
- Progressive
- Hartford Steam Boiler Inspection and Insurance Company (HSB)
- Great American Insurance Group
- Employers Insurance Group
- Selective Insurance Group
Keep in mind that this is not an exhaustive list, and there are many other regional and specialized insurers that may offer workers’ compensation coverage. It’s often beneficial to consult with a local insurance broker who can provide information specific to your state and industry. Additionally, state-run insurance funds, such as the State Compensation Insurance Fund (SCIF) in California, provide coverage in certain regions.
When looking for workers’ compensation insurance, it’s crucial to consider the specific needs of your business, industry regulations, and the requirements of your state. Working with an experienced insurance professional can help you navigate the options and find the most suitable coverage for your business.
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