Because coverage requirements vary by state, the cost of Workers Compensation depends on where your business operates. Other factors that affect your rates include…
- The number of employees you have.
- The type of work your employees do.
- Your claims history.
- Your industry.
Like all insurance, Work Comp is priced based on risk. It can start at $500.00 per year and up. Payment arrangements are available.
Riskier industries and jobs are more expensive to insure than less risky ones. To make sure prices are as fair as possible, they’re determined by classification codes.
Each type of work or industry has a unique code that classifies the industry and risk, and helps the insurance carrier determine a suitable rate. We have approved WC carrier for the Tattoo, Piercing and PMU Industry!
At Stay True Insurance Agency, we understand the importance of keeping your employees safe and sound. After all, they are the foundation of your business.