Most states require workers compensation insurance for many types of businesses. Work comp provides two way benefits: workers injured in job related accidents receive some compensation for lost wages, receive coverage for medical expenses, and if applicable, receive disability benefits; in exchange for workers comp insurance coverage, employers receive immunity from civil lawsuits that might result from covered accidents.
But workers compensation insurance can be a significant expense for businesses and the wrong payment plans can put a lot of pressure on cash flow. At Richard B. Ryon we start by analyzing your business operations, to find ways to reduce the chance of accidents...and work comp insurance premiums.
We can offer many work comp alternatives including Xact Pay through Hartford Insurance. Xact Pay is a pay as you go program that is administered through Quickbooks. Xact Pay simplifies billing administration and avoids the hassle of late fees, large down payments, and year end audit adjustments.
You owe it to your business bottom line to find out how we can improve your workers compensation program. Call today, or complete this simple online form to start the process right away!
Contact an insurance agent at Richard B. Ryon Insurance today to answer any questions about Workers' Compensation Insurance or for a free review and insurance quote for Workers' Compensation Insurance. And don't forget, as an independent insurance agency, we represent several top rated insurance companies. We have the flexibility to help you find coverage at competitive premiums for business, home, auto, and more.
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