Workers' Comp

Workers' Compensation Insurance
Workers’ Compensation Insurance is a California mandated coverage that protects you, as an employer, against on-the-job injuries to your employees. If you employ one or more person in California, you are required to carry Workers’ Compensation Insurance. California workers’ compensation insurance covers medical expenses, lost wages, and even death benefits for work-related injuries.
The pricing for your workers’ compensation insurance is primarily determined by three factors: the type of work performed or risk classification, payroll, and prior loss experience. Thus your rates will vary based on these factors and underwriting guidelines of a specific company. If your company is of sufficient size, and exceeds a certain payroll threshold, it may be eligible for special “experience rating,” which may affect your premium, positively or negatively, based on employer’s claim history in comparison to other employers of same size and industry.
SmartAssure will work with you in selecting the proper employee classification and will shop your specific account across our many, competitive and highly reputable insurers.
Let us find you a program that is both cost-effective and manageable.