to main content

The workday is underway, and your forklift driver is in the warehouse stacking pallets in preparation for a shipment going out for delivery in a few hours. At the same time, your warehouse manager comes around the corner, and a collision happens.

Your office has barely been open for two hours, yet destruction has taken place. Your forklift driver has a huge gash on his forehead, and your warehouse manager is unable to walk without assistance. What happens next depends on you having workers’ compensation insurance in place.

When Accidents Happen

Workplace accidents range from small scale injuries, such as an ankle sprain occurring as an employee turns the wrong way, to more serious injuries such as a knee injury that renders an employee unable to walk for several months. A more severe injury takes the employee on a path of physical rehabilitation, dependency on medical equipment to move around, and possibly surgery to repair the damage.

There is no warning given when an injury takes place. It occurs in a split second and changes everything. The employee with the injury needs to receive medical treatment. The remaining employees must pick up the slack from being down one member of a production team.

Your human resources department scrambles to provide proof of insurance coverage to medical centers, calling the insurance company to report that an accident has occurred. Workers’ compensation works to restore order to your work day as quickly as possible.

Why You Need Workers’ Compensation

Your responsibility as an employer is to create a safe work environment for your employees. At the same time, you need to protect the assets of your company as well. Workers’ compensation works to meet both of these requirements. Even the safest work environments experience accidents at times. These accidents tend to happen without warning, and leave a wake of financial and physical destruction behind.

Your workers’ compensation policy will alleviate some of the financial damage you face when an accident occurs. It covers the medical expenses for the employee who was injured, and pays that individual lost wages for time off of work due to the injury. Workers’ compensation also covers any physical and occupational rehabilitation expenses that an employee may face as well. An employee’s family will receive benefits in the event of an accident-related death.

From an employer’s standpoint, workers’ compensation is needed as an extra measure of protection for your organization. An employee who sustains an injury on the job may decide to sue your company at some point after the accident takes place.

When the matter is unable to reach a resolution on its own, a courtroom battle may occur. At that point, your workers’ compensation company steps in and takes care of the financial obligations that a courtroom battle incurs. Most states make workers’ compensation insurance a requirement for any organization that has employees on the payroll.

What Can Happen Without Workers’ Compensation

One of the biggest obstacles you face, should you choose to operate without having a workers’ compensation policy, is a financial hardship. When an employee sustains an injury on the job, the medical expenses can quickly add up and become more than your company can comfortably afford. You also have to cover the costs of lost wages for an employee that sustains an injury.

You may face legal penalties as well when you decide not to have workers’ compensation in place. Most states require businesses to have a policy when one or more employees are part of daily business operations. When an employee sustains an injury on your commercial property, and you do not have the proper insurance in place to handle the aftermath of the injury, you may incur penalties and fines from your state department of labor. An employee also earns the right to take legal action against you instead of filing a claim against your business.

Marine Agency Can Help Protect You

When a disaster strikes at your company, you need insurance coverage opens in a new window that will protect you from the financial repercussions that follow. Maine Agency can work with you to provide the coverage you need at a price that will not break your financial budget. As insurance experts, they understand the essential ingredients that your workers’ compensation policy needs to have to be the most efficient for you.

At the end of the day, you cannot afford to operate a business without workers’ compensation insurance. It works to protect you against financial hardships that employee injuries can create, and gives you legal representation should the situation extend that far.

Accidents happen in a split second and staff may exaggerate the extent of their injuries as well. It is better to take precautions before an accident forces you to close the doors of your business for good.

Call us or check out our contact page opens in a new window today to speak with a friendly and knowledgeable (real and not automated) staff member, who will explain the many ways that Marine Agency will ensure that you’re insured and prepared for the unexpected!

Our Insurance Products

Contact Us

Main Office

422 US Hwy 22 W, Unit 7
Whitehouse Station NJ 08889

Local: 908-838-9762

Toll-Free: 84-INSURE-NJ (844-678-7365)


9 AM - 5 PM , Monday - Thursday;

9 AM - 4 PM, Friday

Mailing Address

PO Box 125
Whitehouse Station NJ 08889

Local: 973-763-4711

Toll-Free: 800-35-MARINE (800-356-2746)