Contractors Insurance Solutions Inc Helps Contractors Buy Workers Compensation Insurance in Los Angeles

Contractors Insurance Solutions Inc, based in Burbank, California, has announced that they can help contractors buy workers compensation insurance in Los Angeles. They specialize in this particular type of insurance and they always perform an in-depth needs analysis for every client company. This type of insurance is vital for any company because California State Law mandates that any business that has one or more employees will need to get workers compensation insurance. With this insurance, the employer would be able to protect their employees in the event of an injury occurring in their place of business.

Matt Rogers, owner of Contractors Insurance Solutions Inc, says, “Workers compensation varies from state-to-state but the components are virtually the same. If an employee is injured on the job, he is entitled to some type of compensation. If the accident happened at a construction site, such as if a worker fell from scaffolding and was severely injured, the employee is entitled to financial compensation. He may be able to collect lost wages up to a certain amount of time or depending on the severity of the injury, pain and suffering.”

In California, fault doesn’t really matter when it comes to workplace injuries. Workers compensation insurance protects the employer from serious financial hardship if the injuries suffered by a worker results in him being unable to work for months. This type of insurance will also protect a business owner from any potential lawsuits. According to the California state law, as long as a worker is receiving workers compensation benefits, he is not permitted to file a lawsuit for the same injuries that result from the accident.

The California contractors insurance provider wants to point out that a business owner has the serious responsibility of providing for the employees when they get injured while on the job. Workers compensation insurance policies will cover all of the damages that employees will incur after suffering from a personal injury on the work site. These include medical costs, lost wages, medical supplies, legal fees if any are incurred, and even pain and suffering in some situations.

Businesses absolutely need to have workers compensation insurance once they begin adding employees to their team. This is a legal requirement that all business owners must comply with. They could face fines and other penalties if they fail to do so.

It is also important to note that some people have tried to take advantage of workers compensation insurance coverage in the past. For example, some employees might get injured in their home or in some other area in their personal lives and then claim that these same injuries occurred in the workplace. More frequently, some people simply claim a more serious injury compared to the actual injury, or claim to be injured when they’re actually not.

It should be remembered that all insurance companies have their own workers comp investigators and claims adjusters. The main goal of these investigators is to protect the business owner’s interests and their own. If they discover that people who claimed to be injured but are engaging in lively activities, they will gather evidence and take action on behalf of the business owner.

They want to point out that it is certainly a good idea to work with an insurance agent or broker, especially for those who have never shopped for commercial insurance before. Insurance agents or brokers may be able to provide the business owner with relevant information on the best coverage limits for ensuring that the company is in compliance with the legal requirements while meeting the needs of the company’s overall risk profile. Furthermore, they can advise the business owner on the available plan terms and features while offering assistance in selecting those policies that are best based on the budget and the short and long-term requirements of the business.

Those who are interested in insurance for contractors in Los Angeles may want to visit the company website, or contact them on the phone or through email.