Workers’ Compensation Insurance
Workers’ compensation coverage pays for medical care and physical rehabilitation of employees injured at work and helps to replace lost wages while they are unable to work.
Group Health Insurance often excludes coverage for employees injured while at work. Even for a traditional office workplace where injury is unlikely, employees that are required to travel for work, using personal vehicles can have accidents. Travel can be protected by a worker’s comp.
Texas Requirements for Workers’ Compensation
Texas is one of the only states that does not require workers’ compensation insurance for private companies. However, the state allows employers to be sued by employees and employers are still required to report all workplace injuries/disease. Without coverage, lawsuits could lead to an employer paying for full medical costs, legal fees and lost wages following an accident or death of an employee.
For companies in construction, oil & gas and other trades where injury is common, workers’ comp. is strongly recommended. It could be required if you operate as a subcontractor for a larger firm or pursue government, university and other large contracts. Customers may reveal insurance requirements in bids, or in the case of Texas Tech University, publish requirements to become a vendor.
Workers’ comp can also be valuable for owners and the self-employed. If you are the sole breadwinner of the family, could you survive without wages while recovering from an injury?
Get a Customized Worker’s Comp Policy
Hettler Insurance Agency is an independent agent and works with multiple carriers to create a workers’ compensation package that meets your requirements. Our team has decades of experience and can find solutions that protect a productive business while meeting budget expectations.
Contact Hettler Insurance Agency and get a free quote on a policy 806-798-7800.