Where to Buy Workers Comp?
Where to Buy Workers Comp: Your Complete 2025 Guide
Protect your business and employees with the right workers’ compensation insurance—find out where to buy it, what to look for, and how WorkComp Options can help you save time and money.
What is Workers’ Compensation Insurance?
Workers’ compensation insurance (or “workers’ comp”) is a mandatory policy in most states, designed to provide wage replacement, medical benefits, and other protections to employees injured or made ill on the job. It also protects businesses from costly lawsuits.
Key Features:
- Pays for medical care and rehab
- Covers a portion of lost wages
- Provides death benefits to dependents
- Protects against most employee lawsuits
Who Needs Workers’ Comp?
- All Businesses with Employees: Nearly every state requires workers’ comp once you hire your first employee.
- High-Risk Industries: Construction, healthcare, manufacturing, trucking, and hospitality are at higher risk and typically pay higher premiums.
- Sole Proprietors and Contractors: Not always required by law, but often needed for contracts or personal protection.
- Part-Time & Seasonal Employees: Coverage is needed regardless of hours worked.
Where to Buy Workers’ Comp Insurance
| Source | Pros | Cons |
|---|---|---|
| Private Insurance Agents | Competitive rates, service, options | Varies by agent/carrier |
| State Funds | Last-resort coverage, broad eligibility | Sometimes higher rates |
| Online Brokers | Fast quotes, compare multiple carriers | Less personalized service |
| WorkComp Options (US!) | 50+ providers, tailored quotes, expert help | Focused expertise, best for small/mid-business |
How to Decide:
- For tailored service and the best rates, use a specialist broker like WorkComp Options.
- If you’ve been declined elsewhere, consider your state fund.
- For rapid, simple quotes, online brokers are a good starting point.
How to Buy (Step-by-Step)
- Gather your business details: Payroll, number of employees, industry classification codes (NCCI or state-specific).
- Get multiple quotes: Compare rates, coverage, and service.
- Review add-ons: Pay-as-you-go, safety programs, claims support.
- Apply and get approved.
- Stay compliant: Keep payroll and business info updated.
How WorkComp Options Simplifies Buying Workers’ Comp
Why Choose WorkComp Options?
- Access to over 50 leading insurance providers
- Save up to 20% or more on premiums
- Easy, fast online application—15 minutes or less
- “Pay As You Go” and flexible payment options
- Specialized programs for hard-to-place risks (construction, staffing, trucking, healthcare, etc.)
- Real, human customer service with workers’ comp specialists
- Claims-free and industry discounts
- Audit support and safety program guidance
Get a free quote now: Apply Online in Minutes
What Does Workers’ Comp Cover?
| What’s Covered | What’s Not Covered |
|---|---|
| Work-related injuries/illness | Off-the-job injuries |
| Medical bills & rehab | Injuries from intoxication |
| Lost wages (partial) | Policy violation injuries |
| Disability benefits (temp/perm) | Intentional self-harm |
| Death benefits for dependents | Emotional injury (unless physical) |
| Legal defense (employer) | Lawsuit from non-employees |
Examples:
- A construction worker falls and breaks an arm
- A delivery driver gets hurt in an accident while working
- A healthcare worker develops a repetitive stress injury
How Much Does Workers’ Comp Cost?
The cost depends on:
- Payroll size
- Industry risk/class codes
- Location (state)
- Claims history
- Coverage limits and deductibles
2025 National Average:
- Small businesses: $60–$120/month per employee
- High-risk industries: Higher
Tip: WorkComp Options can often save you up to 20% or more by comparing quotes and offering industry-specific discounts.
Example Cost Table
| Business Type | Payroll | Industry Risk | Sample Monthly Premium |
|---|---|---|---|
| Home Health Care | $200,000 | High | $400 |
| Landscaping | $150,000 | Moderate | $225 |
| IT Consulting | $100,000 | Low | $60 |
| Construction | $300,000 | Very High | $800 |
Workers’ Comp Buying Checklist
- Collect payroll and class code info
- Know your claims history
- Determine coverage limits/deductibles
- Compare at least 3 quotes
- Ask about pay-as-you-go and discounts
- Review safety programs for additional savings
- Confirm state compliance
FAQs
Q: Do I need workers’ comp if I’m self-employed?
A: Not always required, but it’s a good idea if you work in a high-risk field or need to meet contract requirements.
Q: Can I buy workers’ comp online?
A: Yes! WorkComp Options offers a fast online application and access to 50+ carriers.
Q: What happens if I don’t have workers’ comp?
A: You could face steep fines, lawsuits, and be forced to stop operations. In some states, fines reach $100,000+.
Q: What information do I need to get a quote?
A: Payroll details, employee count, industry/classification, and claims history.
Ready to Buy Workers’ Comp? Start Here
WorkComp Options: The Workers’ Compensation Specialists
Protect your team. Protect your business. Save time and money with the experts in workers’ compensation.
This page is for informational purposes. For specific legal or insurance advice, consult a licensed agent, attorney or your state’s insurance department.
