Workers Compensation
Whether you own an office/clerical environment that requires minimal manual labor or whether you employ people for trucking, construction, or other highly risky operations, the chance of an accident happening on your company’s premises is always a risk.
To avoid financial exposure for medical expenses and the costs associated with a potentially lawsuit, it is vital that you consider a California’s worker’s compensation insurance policy for your business. A worker’s comp plan can not only cover medical expenses for injuries suffered by your workers, it can save your business’ reputation and save thousands of dollars or more in legal defense fees.
Do I need a Workers Compensation Policy?
California employers are required by law to have workers’ compensation insurance, even if they have only one employee. And, if your employees get hurt or sick because of work, you are required to pay for workers’ compensation benefits.
Examples of Workers Compensation Costs by Job
| Industry/Code | Cost of Workers Comp (per $100 of payroll) | Annual Cost Example (Employee earning $40,000/year) |
| Dry Cleaning/2589 | $3.23 | $1,492/year |
| Plumbing/5183 | $5.24 | $2,696/year |
| Landscaping/0042 | $9.82 | $4,928/year |
| Roofing/5551 | $20.35 | $9,140/year |