What is Workers Compensation?
Employees are your most valuable investment, and you can safeguard them and your organization with California Workers Compensation Insurance (workers comp).
Workers' compensation insurance is state-mandated insurance coverage that supplies earnings, medical benefits, and rehabilitative solutions for laborers hurt at work or while conducting occupational duties.
It ensures that injured workers collect financial pay for medical care and for a part of the salary they lose while they are unable to work. Workers' compensation insurance also helps safeguard owners from litigations initiated by workers hurt on the job.
We provide affordable workers comp insurance plans for Lemon Grove, CA businesses. Give us a call for a quote today.
How Much Does Workers Comp Cost In California?
The state of California worker's compensation prices is governed by the Workers Compensation Ratings Bureau of California (WCIRB). The state appoints each profession a "hazard category", which is then associated with a unique dollar amount. Rates are established according to the risk related to each job. As an example, roofers are at a much higher likelihood of injury while at work, so the base rate would be more than for a white-collar worker - who is at a lower risk of injury.
The amount payable by the employer is the base price, identified by the risk factor of the work, and that employee's total payroll. Businesses that have a past record of inadequate safety performance may also be required to pay extra fees and penalties in addition to the projected premium. How much does workers comp cost in California? Generally, if a business has an exceptional safety and security track record and is not subject to any additional fines or fees, its worker's compensation cost may be dramatically lower. In some situations, employers may have more than one risk category that relates to any given worker. For example, a worker's job might have both a high-risk and a low-risk classification. The employer must combine both rates to reach the full compensation premium payable. They can not get away with only paying the rate associated with the low-risk classification.
Workers’ Compensation Benefits
California workers' compensation benefits include:
- Medical treatment for the work-related injuries
- Wage loss or short-term disability benefits
- Permanent loss of function or permanent disability benefits
- Retraining or work displacement benefits
A seriously injured worker becomes eligible for California workers' compensation coverage by submitting a workers compensation claim form for a work personal injury. Before benefits are paid, the insurance provider must decide if it is going to accept that there is a work injury. The worker will receive forms from the insurance provider with its conclusion. A hurt worker that is not getting benefits can file an Application for Adjudication of Claim, demand a Mandatory Settlement Conference, and then a trial on the benefit being refused.
Why Choose C'side Insurance Agency
- Fast, Free Quotes
We can help you compare insurance policies that will fit your company’s budget and needs. We’ll find you the best policy available in California. - Locally Owned, Family Business
When you contact us, you will be working with the owner directly. No robots, cookie-cutter policies, we will treat you like family… - No High Broker Fees
We are a small family-owned agency, we do not charge high broker fees. - No Automated Phone Service
Real Live People to Assist Your Needs All Hours- No Call Centers - We Accept All Credit Cards
You can pay your policy using any major credit card at no additional charge.
