Why Do I Need Workers’ Compensation Insurance For My Auto Body Shop?
Today, almost every state in the United States requires businesses to have workers compensation insurance. This is for good reason, because workers’ compensation insurance companies work to protect both the employee and employer. Because of the type of work that is required in auto body shops, there are plenty of opportunities for employees to get injured on the job. Employees need workers compensation in case of an accident to pay for their medical bills and time missed from work. Employers need workers compensation insurance so that they are prepared for these accidents and give the employee the necessary benefits needed.
How Does Workers’ Compensation Insurance Protect My Business?
When an employee gets injured on the job, they expect the employer to pay for the medical expenses incurred, and they also expect to be compensated for the time they miss from work. Without workers’ compensation insurance companies, a business, particularly a small one, may not be prepared for an expense like this. With insurance, the employer is covered for these kinds of situations, which will prevent the employee from filing a lawsuit against your company.
Choose the insurance company that provides the best coverage for you and that meets your company’s needs and price range.