Workers’ Compensation in Minnesota
Workers’ Compensation Insurance by Anchor Insurance Agency
Workers’ compensation insurance, also known as workers’ comp, protects you and your employees after a work-related accident or illness. Anchor Insurance Agency offers workers’ comp policies for businesses throughout Minnesota, Wisconsin, Arizona, Florida, Nevada and Colorado.
Workers’ Compensation Requirements in Minnesota
In Minnesota and many other states, having workers’ comp insurance is a requirement for all businesses. And it doesn’t matter how many employees or the type of employees you have. Those who do any services for you, including minors, part-time workers and non-citizen workers must be covered. Without workers’ compensation, you could be at risk for penalties such as a hefty fine.
What Do Workers’ Comp Policies Cover?
Workers’ comp policies deliver benefits to your employees who suffer an illness or injury due to work. Although coverage differs depending on your policy, some coverage options include:
- Medical treatments
- Disability benefits
- Rehabilitation services
- Death benefits
Having workers’ comp protects your business from liability due to lawsuits resulting from injuries or illness. It also helps you best support your most important business assets: your employees.
Workers’ Compensation Policies Through Anchor Insurance Agency
Anchor Insurance Agency provides workers’ comp policies to many businesses large and small. As an independent agency, we offer many carriers to choose from. We’ll help you develop a workers’ comp policy that fits your business needs, including your budget.
Gain Accurate Premiums With Pay-As-You-Go Policies
The biggest pain point for any business is the year-end audit. With a pay-as-you-go policy, you won’t have surprises at the end of the year. You only pay for what workers’ compensation benefits you use, with premiums due monthly. It’s a simple way to meet the requirements while staying true to your bottom line.
Get a Free Workers’ Compensation Quote Today
Have questions about workers’ compensation insurance? Not sure what type of coverage you need? We’re here to answer all of your questions, so you can obtain the best coverage for your business. Get your free quote today or call us for answers at 763-473-4090.