Workers’ comp is important for many reasons. Let’s start with the obvious — in the majority of cases, it’s illegal NOT to carry it. Although specifics vary by state, most companies will find that they fall under their states’ requirements to carry workers’ comp insurance. Even if it’s not required for your company, it’s always a good tool to have in your business arsenal. After all, you wouldn’t want a slip-and-fall accident to dig into your bottom line, would you?
As it turns out, work-related injuries are far more common than many people realize. As a business owner, you’re wise to be apprised of potential hazards and pitfalls that can easily find their way into your organization.
Need a little more convincing? Take a look at these facts:
Accidents can happen anywhere, any time. After all, that’s why they’re called accidents, right? A slip or trip may sound harmless enough, but these mishaps happen to account for nearly one-third of all workers’ comp cases, leading to a world of medical bills related to sprains, strains, and tears every single day. Although you can’t predict when someone will fall or prevent people from coming into contact with objects that can inflict damage, you can put protections in place to ensure your workplace is as safe and insured as possible.
If you’re running a spa, salon, or tattoo-related business, you’re running a big risk if you’re operating without proper workers’ compensation insurance. Contact our team at Marine Agency Insurance opens in a new window to ensure that you’re properly insured!