Workers Compensation Insurance

Workers Compensation Insurance in California is a type of Casualty Insurance that compensates workers and employees who are injured or become disabled as a result of their job. The majority of Workers Compensation plans exist to cover medical expenses that that are incurred after an “on the job” injury. The plan also protects the employer from potential lawsuits that may occur due to “negligence”.

Under California Labor Code 3700, Workers Compensation Insurance in California is a mandatory insurance coverage that all employers in California must offer to their employees.

Workers compensation shouldn’t be confused with disability insurance. Workers compensation is meant to cover you on the job, whereas disability insurance is supposed to cover you off of the job.

Premiums for Workers Compensation Insurance in California are determined by several factors that include: the industry that your business is in, how many work related injuries your business has had in the past (typically 5 years of Loss Runs), and your company’s payroll.