Unlock the mysteries of insurance premiums with our ‘Premium Explained’ category. This dedicated space breaks down the complexities behind premium calculations, shedding light on the factors that influence your insurance costs. From understanding rate adjustments and risk assessments to exploring discounts and savings strategies, ‘Premium Explained empowers you with the knowledge to navigate your insurance options more effectively. Whether you’re a personal policyholder or a business owner, our expert insights help you make sense of premiums, ensuring you’re well-equipped to make informed decisions about your insurance coverage.
Workers’ compensation insurance helps insulate a company from the direct costs of an employee injury. For example, the company’s workers’ compensation policy will pay for medical care and will cover partial wages while the worker or workers recover. While direct…
Employee practices liability insurance (EPLI) is a must-have for all businesses, big and small. EPLI protects companies against claims of discrimination, harassment, wrongful termination, emotional distress, and many other common employee complaints. Every business with employees risks getting hit with…
If you are an employer or planning on starting a new business that will employ workers, you are required by the state to purchase workers compensation insurance to protect against the possibility of work-related injuries or illnesses. In return, your company is…
A business owner’s insurance policy (BOP) is a bundled package of individual insurance products meant to provide comprehensive insurance coverage to small- and medium-sized business owners. (See our previous blog post all about BOP). BOPs vary in their structure but…
In a recent post, we talked about dual wage classifications for California workers compensation within the construction industry. Today, we’re continuing our chat about workers comp and what the construction industry needs to know. We’ll delve into waiver of subrogation…
Workers compensation is necessary, not evil. It protects you, the employer, from being sent into financial dire straits in the event that an employee is hurt on the job. Before workers compensation, employees would sue their workplace to recoup costs…
