Everything You Need To Know About Worker's Compensation Policies

Worker's compensation pays for benefits like medical care to treat employees who are injured or become ill because of their jobs.  It also might pay some of their lost income.  

Worker's compensation won't pay if employees:

  • Intentionally caused their own injuries
  • Were injured while playing around or intoxicated.
  • Were injured outside work or while voluntarily participating in an off-duty sports or social event.
  • Were injured by someone else for personal reasons not related to the job.
  • Were injured by an "Act Of God", like a flood or hurricane, unless the job had a high exposure to these types of events.  

Is Your Business Required To Carry Worker's Compensation Insurance?

Texas, unlike other states, does not require an employer to have worker's compensation coverage.  Subscribing to worker's compensation insurance puts a limit on the amount and type of compensation that an injured employee may receive—the limits are set in the law.

What If The Business Doesn't Provide Worker's Compensation Coverage?

Being a "non-subscriber", i.e, going "bare" or without coverage, leaves an employer open to personal injury lawsuits from employees who are injured on the job—the damages and attorney's fees are almost unlimited.  

Types Of Worker's Comp Policies

Traditional Policy
Deposit/Down Payment
No Deposit/No Down Payment
25% Minimum Deposit
Premium Calculation
On Actual Payroll, At Each Pay Period
Estimated, Based On Projected
No Reports To Complete
Monthly/Quarterly Audit Reports
Minimal Adjustments, Premiums Paid On Each Payroll
On Site Audit, Documentation, Additional Premium Due Or Refund
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