Workers’ Compensation Insurance in Longview and Tyler, TX

Protecting your employees is one of the most important responsibilities you have as a business owner. A healthy, productive and capable staff is critical for your company’s culture, growth and profits. With this in mind, workers’ compensation insurance should be considered a key investment for your business.

Why Workers’ Compensation Matters in Texas

Although Texas does not legally require all private employers to carry workers’ compensation insurance, choosing to do so can offer significant benefits. Your policy can help provide employees with critical financial assistance in response to workplace accidents. Additionally, you may also be financially protected from certain legal claims related to workplace injuries.

Providing this coverage demonstrates your commitment to workplace safety and employee well-being. It can also make your business more attractive to potential employees and clients who value responsible business practices. Additionally, uninsured companies may be ineligible for certain contracts, such as those issued by government agencies.

What Does It Cover?

A typical workers’ compensation policy may offer financial aid in response to many common incidents, such as falls, lacerations, burns, repetitive stress injuries and exposure to hazardous materials. In the aftermath of such incidents, employees can file a claim and potentially receive aid for the following:

• Medical expenses, such as hospital bills and prescription medication costs
• Income replacement for those unable to work due to injury
• Rehabilitation services to help affected staff return to work
• Death benefits to compensate families in the event of a fatal workplace accident

It’s important to note that coverage details can vary, so enlisting help, such as from the team at Lamas Insurance Agency, can help you understand what’s included in your policy and identify any additional financial protections you may need.

How Much Does Coverage Cost?

Workers’ compensation insurance rates may be influenced by a multitude of factors, including the following:

• Industry
• Location
• Number of employees
• Total payroll
• Claims history

We’re Here to Help

Are you ready to learn more about workers’ compensation insurance for your business? Contact us today to speak with our team and find the right policy.