Hiscox, the leading small business insurer, announced the launch of workers compensation insurance for small businesses in California. If you’re an employer and your business has employees, you are required by law to have Workers Compensation Insurance. The new policy is offered along with Hiscox’s professional liability insurance, general liability insurance, and business owners policies.
How does Workers Compensation Work?
In California, workers compensation coverage is required for businesses who have employees. If an employee suffers an injury or illness arising out of their work, workers compensation coverage could help cover medical benefits and wages while also providing the employee with access to experienced professionals who can support their recovery. Failure to have workers compensation insurance can leave you open to fines or penalties by the state, and liable for benefits out of pocket.
Hiscox’s licensed agents can help explain the specific obligations required by California laws to help ensure you have the coverage that you need.
Learn more about Workers Compensation Insurance or call our licensed agents at (855) 743-2308 Monday-Friday 8am-10pm ET.