answersLogoWhite

0

How much do employers pay for workers compensation?

Updated: 7/16/2022
User Avatar

Wiki User

9y ago

Best Answer

Insurance costs depend on several factors, such as location, size of company, payroll &/or cost of subcontractors and claims history. The owner and manager's experience, kind of work performed, years in business also matter. It also depends on the amount of coverage, endorsements, deductibles and the overall claims history of that class of business with the chosen insurance company. Contact a couple of agents in your area and ask them to give you a quote based on your particular case. If your employer doesn't carry Workers' Compensation, they may not realize that they remain liable even if they are exempt from being required to carry insurance. Ask them to talk with their insurance agent about the risk.

User Avatar

Dean Turcotte

Lvl 10
1y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much do employers pay for workers compensation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who pays for workers compensation insurance?

Employers pay the premiums. Which means that the cost is priced into what the business charges for its products or services.


What will workers compensation pay out for the partial loss of a knee?

what will workers compensation pay out for a meniscus knee repair operation be?


How much will workers compensation pay for loss of a leg?

the get paid about a million dollars


How much is carpal tunnel workers compensation settlement?

Worker's comp does not pay for mental stress


Ways that employers pay workers?

Salary or hourly.


What is a workers comp buyout?

A workers' compensation buyout is when the company opts to pay an employee the entire amount of their workers' compensation instead of making payments. Most companies will offer a buyout in an attempt to pay the employee less.


What happens if an employer does not have workers compensation and doesn't want to pay your medical bills?

Employers are required to carry Wormen's Compensation Insurance on their employees. If your employer did not insure you, or does not have the insurance, they are in violation of your state's labor laws. You will have to bring suit against them to recover your expenses.


Why does Walmart not help their associates who were hurt on the job?

Walmart, like all employers in the US, provides workers compensation benefits that pay medical bills in full and provide lost time pay as set by state law. Employers need provide nothing else, although some volunteer to do more.


Do you have to pay workers compensation back from a personal injury settlement?

Yes


Does Workers Compensation pay the wages based on current pay or date of earnings?

It depends how good they are


Do you have to pay child support while out on workers compensation?

Yes. You have an obligation to your child.


Which of these makes contingent workers an advantage to an employer?

Employers do not have pay contingent workers fringe benefits. They only have to pay them for the actual hours that they work.