How is Workers’ Compensation Calculated? When running a business, regardless of size, acquiring workers' compensation insurance is one of the first steps to protect the company's costs. Most businesses with employees (and even some without) are required to carry some sort of workers' compensation policy. We've covered the importance of workers' compensation insurance as well as the different injuries it covers. However, determining the cost for workers' comp can be difficult. What does workers' compensation insurance cost? Factors of Workers' ... June 22, 2023By Aegis Insurance Workers' Compensation Insurance 0 Comment Read More »
General Liability vs Workers' Compensation Insurance Insurance coverage comes in all shapes and sizes depending on numerous factors revolving around your business. Two of the most common types of coverage are general liability and workers' compensation insurance. Learn more about these two forms of coverage and their distinct roles providing coverage for you and your business. What is General Liability Insurance? Also known as business liability insurance, general liability covers damages or injuries caused to clients, third party-individuals, businesses, or strangers during ... June 15, 2023By Aegis Insurance Business Insurance 0 Comment Read More »
Why Do Companies Need Workers’ Compensation Insurance? Workers' compensation insurance came into the United States in the late 19th and early 20th century, known as Workers' Accident Insurance. It took until 1949 for every state to enact a workers' compensation program. These days, although specific requirements vary by state, most businesses with more than one employee are required by law to provide workers' compensation benefits. Companies typically have these benefits as part of their comprehensive workplace safety program, as it is ... June 8, 2023By Aegis Insurance Workers' Compensation Insurance 0 Comment Read More »
