Workers’ Compensation

Workers’ compensation coverage provides monetary and medical benefits to employees for work-related injuries. It also provides death benefits to dependents of employees killed in a work-related accident. While many people view workers’ compensation as a benefit only for employees, it is also protects employers.

Workers’ compensation insurance shields employers from lawsuits that could potentially put them out of business. In exchange for paying for workers’ compensation coverage, employers are generally excused from liability if a worker is injured on the job.

The Insurance Center of Winchester understands the nuances of workers’ compensation laws, including employers’ responsibilities, such as:

• Providing workers’ compensation coverage for all employees
• Taking reasonable measures to provide a safe working environment
• Notifying carriers as soon as possible after an injury or incident has occurred

The Insurance Center of Winchester can work with you to identify ways to reduce your company’s experience modification factor (mod), which has a direct impact on your workers’ compensation insurance premiums. Your mod is based on several factors, including industry averages and your own claims over the past three years. We will work with you to to try to reduce your claims and costs by:

• Reviewing your insurance policy for correct job classifications and payroll codes
• Implementing safety programs to avoid accidents and reduce overall costs
• Creating a return to work program to help injured employees get back to work sooner, which allows employees to complete duties they are capable of doing while recovering from their injuries

For more information about how the Insurance Center of Winchester can help your business reduce its claims and premium costs, call (540) 667-0700 or fill out the form on this page.