Medical expenses for workplace injuries and occupational illnesses
Medical expenses for workplace injuries and occupational illnesses
Workers' Compensation Insurance to Protect Your Team
Cover medical expenses, lost wages, and rehabilitation for employees injured on the job. We compare workers' comp policies from multiple carriers to find the best rates for your business.
What's covered
What does workers' compensation cover?
Workers' compensation insurance provides essential protection for both your employees and your business. It covers the costs that arise when an employee is injured or becomes ill due to their job, regardless of who is at fault.
Lost wages and disability benefits while employees recover
Lost wages and disability benefits while employees recover
Rehabilitation costs including physical therapy and retraining
Rehabilitation costs including physical therapy and retraining
Death benefits and funeral expenses for families of deceased workers
Death benefits and funeral expenses for families of deceased workers
Employer liability protection against employee injury lawsuits
Employer liability protection against employee injury lawsuits
Who needs it
Is workers' comp required?
Workers' compensation insurance is mandatory in nearly every state. Most states require coverage as soon as you hire your first employee, and penalties for non-compliance can be severe -- including daily fines, criminal charges, and personal liability for all injury costs. Even in the few states where coverage is technically optional, operating without workers' comp exposes your business to lawsuits, unlimited liability, and reputational damage. The risk far outweighs the cost of a policy. Industries with the highest workers' comp needs include:
- Construction and skilled trades — Falls, power tools, ladders, and active job sites make injury frequency and severity especially high.
- Manufacturing and warehouse operations — Machinery, lifting, repetitive motion, and forklift traffic create ongoing workplace injury exposure.
- Healthcare and medical staffing — Patient handling, slips, needle sticks, and illness exposure drive frequent workers' comp claims.
- Transportation and delivery services — Drivers face vehicle accidents, loading injuries, and repetitive strain from constant route work.
- Restaurants, hospitality, and retail — These environments see common claims from burns, cuts, slips, lifting injuries, and fast-paced customer service work.
Why Ashmont Insurance Agency
The smarter way to buy workers' compensation insurance
Our platform removes the guesswork from finding the right coverage at the right price.
Instant comparison
Our platform analyzes your business profile and compares policies from multiple carriers in seconds, surfacing the best coverage combinations at prices a traditional broker would take weeks to find.
Multiple top-rated carriers
We work with America's leading commercial insurers including The Hartford, Travelers, Chubb, CNA, Liberty Mutual, and more. More options mean better rates and broader coverage for your business.
Licensed advisors on demand
Our platform handles the research, but licensed commercial insurance advisors are always available to review your coverage, answer questions, and help you make the right decisions for your business.
Industries We Serve
Workers' compensation coverage built for high-risk industries
From construction sites to healthcare facilities, we find the right workers' comp policy for your workforce.
FAQ
Workers' compensation questions, answered
Have more questions? Our licensed advisors are available by phone, email, or chat.
Workers' compensation covers medical expenses for workplace injuries and occupational illnesses, lost wages and disability benefits while employees are unable to work, rehabilitation and physical therapy costs, death benefits for families of employees killed on the job, and employer liability protection against lawsuits related to workplace injuries. It is a no-fault system, meaning employees receive benefits regardless of who caused the injury.
Yes, workers' compensation insurance is mandatory in nearly every state. Most states require coverage as soon as you hire your first employee, though some set the threshold at three to five employees. Only Texas allows most private employers to fully opt out. Even where it is not strictly required, carrying workers' comp protects your business from potentially devastating lawsuits and unlimited liability for employee injuries.
Premiums are based on several factors: your industry classification code (which reflects the risk level of your work), your total payroll, your claims history, your experience modification rate (EMR), the state(s) where your employees work, and the types of duties your employees perform. Higher-risk industries like construction and manufacturing pay more than low-risk office environments. We evaluate all of these factors across multiple carriers to find you the lowest available rate.
An experience modification rate (EMR) is a number that compares your company's workers' comp claims history against the average for businesses of similar size and industry. An EMR of 1.0 is average. A rate below 1.0 means you have fewer claims than expected and will pay lower premiums. A rate above 1.0 means higher-than-average claims and increased costs. Ashmont Insurance Agency's specifically identifies carriers and programs that offer the most favorable EMR treatment for your business profile.
Operating without required workers' comp coverage carries severe consequences. Most states impose fines that can reach thousands of dollars per day of non-compliance. In some states, it is a criminal offense that can lead to jail time. You also become personally liable for all employee medical bills and lost wages resulting from workplace injuries, and injured employees can sue you directly without the limitations of the workers' comp system. Additionally, you may be barred from bidding on contracts or operating your business until coverage is obtained.
Protect your team with the right workers' comp policy
Get data-driven quotes from multiple carriers in minutes. Find the best coverage at the lowest rates for your business.