Workers Comp Insurance
Workers' compensation insurance (workers' comp insurance) is a mandatory type of insurance carried by many businesses. In the state of Georgia, if you regularly employ three or more people for your Georgia-based business, you are required to provide Workers’ Compensation benefits. This means that you absolutely MUST have Workers’ Compensation Insurance.
There were nearly 40,000 Georgian Indemnity Claims in 2015 alone, at a cost of more than $1 Billion. Over $700 million of that was in Medical payments. Workers’ Compensation claims are obviously no laughing matter for business owners in Georgia. The professionals at Handley Insurance can help you avoid a nightmarish scenario in which you have a workers’ compensation claim, but don’t have adequate insurance policies in place.
We know how you feel! As small business owners, it can very easily feel like you can’t afford a quality Workers’ Compensation Insurance policy. But that simple fact is, you can’t afford to NOT have suitable coverage. Or you might have the train of thought that your employees are like family to you. You watch out for them. After all, it’s your head for business that has garnered them a place for employment. Surely they wouldn’t turn on you with a lawsuit!
But the fact is, you simply have to change your way of thinking. If you were injured, and could no longer work, you would no doubt want to be protected. If you had to choose between feeding your family, and being loyal to your boss, you would very likely choose to protect your family. But regardless of how you feel about the principles of workers’ compensation, there are federal and state laws in place to protect workers. And you would be wise to adequately protect yourself from a potentially business-crippling scenario.
Call Handley Insurance today and learn more about insurance for these Workers’ Compensation areas:
- Wage replacement benefits
- Medical treatment
- Vocational rehabilitation
- Other benefits
- Personal vehicles that are driven by someone not listed on your personal auto insurance on a regular basis
- Personal vehicles that have been titled to a business as a DBA (Doing Business As)