Contractors sign up for Workers’ Compensation insurance to protect employees who are hurt on the job. Although most claims are legitimate, workers compensation fraud is common. Bogus claims can add up to big losses for not only insurance carriers but employers, too. Read more
If you own or are looking to own a painting company, you will need to get the right insurance to protect your assets. When you’re on the job, you have to look out for paint spills, property damage and slips. You’ll need to get the best coverage so you can breathe easy knowing you will be taken care of in the event of an emergency. Here are all the different painters insurance policies that you may need.
Every employer dreads an audit, whether it’s from OSHA or from your workers compensation insurance company. The process, however, doesn’t have to be a pure nightmare. In fact, if you prepare properly, you can make the audit relatively painless and can even use the results to improve your own practices. Here’s some advice on how to prepare for a workers comp audit and protect your construction and contracting business. Read more
Understanding Workers Compensation Insurance
Knowing when you are going to be covered by workers’ compensation for a work-related injury or illness can help you save thousands of dollars in medical costs. Sometimes you can also recover lost wages as a result of your workplace injury.
The tricky part lies in determining whether or not your specific situation falls under workers compensation as well as whether your employer even has coverage for you. To determine what times you would and would not be covered under workers’ comp, here are some general guidelines: