As a business owner in Louisiana, you are required by law to carry workers compensation insurance. While workers comp coverage is required, your business’ requirements are unique to you. The guidance of an experienced insurance agent can help you select the appropriate policy for your business and your budget.
At People First Insurance, we believe in educating our customers to understand the benefits of their policies, not just the bottom line.
We offer answers to all of your questions:
- What is workers compensation insurance?
In short, workers compensation is designed to limit your financial liability when an employee is injured on the job. Common policies provide financial reimbursement for medical bills, lost wages and rehabilitation expenses. In the unfortunate event that an employee loses their life during the course of their duties, workers compensation policies may provide death benefits to their families.
- How are premiums determined?
The costs associated with workers compensation insurance may vary widely from business to business – contractors will pay different coverage rates than office workers or other service providers. Understanding the different costs associated with a policy, and how your business may be viewed by providers is key to finding the best coverage at the best available rate.
- How can my business reduce coverage costs?
While workers compensation is required by law, it is possible to reduce the costs associated with coverage. Our agents can help you compare quotes from multiple providers, understand your policy options and explore all available discounts.
We work with businesses of all sizes, in all industries.