How Much Is Workers Compensation Insurance in Florida?
Because coverage requirements vary by state, the cost of Workers Compensation depends on where your business operates. Other factors that affect your rates include…
Like all insurance, Work Comp is priced based on risk.
Riskier industries and jobs are more expensive to insure than less risky ones. To make sure prices are as fair as possible, they’re determined by classification codes.
Each type of work or industry has a unique code that classifies the industry and risk, and helps the insurance carrier determine a suitable rate.
One way to save money on your Workers Comp policy is to make sure you’ve classified every employee correctly. The secretary for a construction firm, for example, will have lower rates than the bricklayers.
At Toscano Insurance Group, we understand the importance of keeping your employees safe and sound. After all, they are the foundation of your business.
Call our office today and we’ll discuss your needs and options. You can also head over to our quotes page and get started that way too.