May 12 2008
What Do You Know About Workers’ Compensation?
Yes, your business is covered under a workers’ compensation policy. But do you really understand what that means?
According to a recent survey by Employers.com, 14% of small business owners couldn’t even name the insurance company that insures them. 18% of employers who recently switched their insurance provider could not recall that company name, either.
And it’s not just the name that eludes employers. In the same survey, 13% admitted that they did not understand how workers’ comp protects their business and its employees. Seven out of ten employers relied on an insurance agent to explain their coverage, but 58% state they carry the sole burden on handling the “hands-on” duties involved.
Workers’ compensation is based on a complicated formula that includes many different factors. It’s a huge benefit to have a specialist that understands the differences in policies. Just making sure your business is correctly categorized can save you lots of money!
Let Employee Leasing Quotes.com review your workers’ compensation coverage and costs. Our information is free, helpful and could save you thousands of dollars.
Call us today at 888-582-8388 or visit us on the web at Employee Leasing Quotes
Leave a Reply
You must be logged in to post a comment.