Workers’ Compensation

Workers’ Compensation

When your employees are taken care of, your business is taken care of. A key part of running your business is keeping your employees safe at work.  However, if one of your employees does suffer an injury, Workers’ Compensation coverage provides your employees protection they need and provides you with peace of mind that they’ll be covered.

Required by Law

As a California business, you are required by law if you have employees to provide workers compensation insurance from the day you hire your first employee. Workers’ compensation is designed to cover medical costs and a portion of lost wages to any employees who may have a work-related injury or illness.

Regardless of whether you have a commercial insurance package, California workers compensation insurance must be purchased as a separate policy.

The premiums associated with Worker’s Compensation is primarily determined on these factors:

  • Type of work performed or classification
  • Payroll
  • Prior loss experience

If your company is of sufficient size, the state will publish an experience modification factor (EXMod), that could directly impact your insurance costs.

Safety in the Workplace

You aim to run your business as safely as possible.  However, no matter what you do, workplace accidents and illness still happen.  At AD Larsen Insurance Services, we work with you to:

  • Assure the proper employee classification
  • Shop your specific industry across our large network of Insurance carriers/providers. 
  • Review and negotiate open claims before they negatively impact your experience modification
  • Work with you to implement a quality loss control program
  • Review and assist in the final audit process

We understand that workers’ compensation is not a “one size fits all”. That is why we provide many different solutions when looking for the best coverage that fits our client’s needs.   

It is our mission to work with our clients to make them aware of services that can be applied to their business to help mitigate claims, prevent claims and prevent fraud