The law requires most businesses to carry workers’ compensation insurance. Unfortunately, finding a carrier isn't always easy, especially if your business is in a high risk class or you've had a lot of workers' compensation claims. Companion Property & Casualty's SELECTCompSM Markets product could be your perfect option.
This product is for business owners who pay more than $150,000 annually for their workers' compensation coverage and have an experience modification of 1.25 or higher. SELECTComp can also apply if you think a large deductible for your company may be a good choice. Companies must be able to demonstrate they are able to control the workplace hazards that are injuring employees.
If your industry is high risk or you've had multiple workers' compensation claims, you may still be able to benefit from the security and stability of Companion P&C. Please contact your agent today to see if SELECTComp Markets is right for your business.