Worker's Compensation in Colorado
Why do I need Worker’s Compensation for my business?
Worker’s Compensation is required for every business with employees. Workers Compensation needs are based on the payroll.
What does Worker’s Compensation cover?
There are two parts to a Worker's Compensation
Part A: Pays for the injured worker's injuries until they can return to work. There is no cap in the policy for this part.
Part B: Employers Liability covers negligence of employer in claims.
Basic Limits for Part B are:
$100,000 Bodily Injury each accidents
$100,000 each employee bodily injury by disease
$500,000 policy limit bodily injury by disease
Maximum Limits are:
$1M/$1M/$1M
How can you bring down Workers Compensation premium?
You can bring down Workers Compensation premium by:
Risk Control Services & Safety:
Reduce injuries to employees and to customers by:
*Training & Supervision
*Good Housekeeping
*Keep Walkways, aisles, entries clean
*Staff training and OSHA safety programs
Why should I have an agent for Worker’s Compensation of my business?
Your agent can help you with: how much workers compensation is needed, what to do in case of payroll audit, what to do to reduce premium to have risk control services and how to put claims.
Call Us Now at 303-353-8320 For a FREE Quote.