Workers’ Compensation Insurance in Wylie, TX
If you have wondered what workers’ compensation insurance does, who needs it or what it costs, you are not alone. Getting clear answers upfront can help you make a more informed decision for your business. 
What Does Workers’ Compensation Insurance Cover?
Workers’ compensation insurance can financially protect employees by covering medical expenses, lost wages and rehabilitation costs for injuries or illnesses arising from their job. Coverage may also include disability benefits and, in serious cases, death benefits for surviving dependents. A workers’ compensation policy may also provide liability protection for your business from lawsuits brought by injured workers.
Who Does Workers’ Compensation Insurance Cover?
Workers’ compensation insurance generally covers most employees who suffer a work-related injury or illness while performing job duties. Depending on state laws and policy terms, this may include:
- Full-time and part-time staff
- Seasonal or temporary workers
- Employees injured off-site while carrying out work responsibilities
However, independent contractors, freelancers and business owners themselves are often not automatically included unless they are specifically added to the policy. Because eligibility rules can vary, it’s critical to review your policy details to make sure all eligible workers are properly covered.
How Much Does a Policy Cost?
Workers’ compensation premiums are generally based on your industry, payroll size and claims history. Higher-risk industries may pay more than lower-risk office environments. Most states set minimum coverage requirements, and your premium will reflect the level of coverage you carry.
Speak to an Agent in Wylie, TX
Contact Millennium Insurance Agency today to get started with a quote or to ask questions about workers’ compensation insurance in Texas.