What is Workers Comp insurance and does my law firm need it?

Workers’ compensation insurance is a type of insurance that provides benefits to employees who suffer work-related injuries or illnesses. These benefits can include medical expenses, lost wages, and disability benefits. In exchange for these benefits, employees agree to give up their right to sue their employer for the injury or illness.

Whether your law firm needs workers’ compensation insurance depends on whether you have employees and the laws in your state. If your law firm has employees, you may be required by law to carry workers’ compensation insurance. Laws vary by state, but most states require employers to carry workers’ compensation insurance if they have a certain number of employees.

Even if workers’ compensation insurance is not required by law, it may still be a good idea to have this coverage. Accidents can happen in any workplace, and if an employee is injured on the job, your law firm could be held liable for the costs associated with their injury. Workers’ compensation insurance can help protect your law firm from the financial burden of paying for medical expenses, lost wages, and disability benefits out of pocket.

Overall, if your law firm has employees, it is important to carefully review the laws in your state regarding workers’ compensation insurance and consider whether it is in your best interest to carry this coverage.

How to Obtain a Quote for Workers Compensation:

  1. Number of Employees by state including addresses (office addresses or home addresses if employees work from home)
  2. Annual payroll broken down by state
  3. Don’t forget to include the law firm owner!

Email your answers to jody@insuringlawyer.com