Workers' compensation
Workers' comp pays for medical care and lost wages when an employee is hurt or gets sick because of their job, and protects your business from lawsuits over it. We find the right carrier and help you keep your rate down year after year.
What does workers' comp cover?
Workers' compensation covers an employee's medical bills, a share of lost wages and rehabilitation after a work-related injury or illness, and includes employer's liability coverage if you're sued over it. Almost every state requires it once you have employees; in Colorado that starts with your first employee, part-time included. Your premium is based on payroll, the class codes for the work your people do and your claims history (your experience mod).
How we help
The right class codes
Misclassified payroll is one of the most common reasons businesses overpay. We review how your employees' work is coded before every renewal.
Experience mod review
We check your experience modification factor for errors and show you which claims are driving it.
Payroll audits without surprises
We help you estimate payroll accurately and prepare for the year-end audit, so there's no big bill afterward.
Pay-as-you-go options
Premium billed with each payroll, so you pay on actual wages instead of a large deposit.
Return-to-work and safety
A written safety program and a return-to-work plan reduce claims, and may qualify you for premium credits with some carriers.
Help when someone is hurt
We walk you through reporting a claim and stay involved until your employee is back at work.
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Frequently asked questions
Do I need workers' comp if I only have part-time employees?
In most states, yes. Colorado requires coverage for nearly every employer with even one employee, full-time or part-time. Rules for owners, officers and LLC members differ by state; in some cases they can choose to exclude themselves.
How is the premium calculated?
Roughly: payroll for each class code, divided by 100, times that class's rate, then adjusted by your experience mod and any credits. That's why accurate class codes and payroll estimates matter so much.
What is an experience mod?
A factor that compares your claims history with similar businesses. Below 1.0 lowers your premium; above 1.0 raises it. Smaller businesses may not have one yet.
Do you cover employees in other states?
Yes. If you have people working in more than one state, we make sure each state is listed on your policy so they're covered under that state's rules.
Review your workers' comp
We'll check your class codes, experience mod and payroll estimate, and compare carriers.