It can be challenging to sift through all the workers compensation insurance companies and find the right plan for your business. Consider these tips to help make your search easier.

Legal Requirements

All states require workers compensation for most business types, but the details vary. Check with your state and local governments about what your legal obligations are before searching for a plan.

Reliable Agent

Do an online search for workers compensation insurance companies with good reviews and recommendations. State departments sometimes have a list of approved agents or they may have a government-run program that you are forced to use.


Fully understand what is covered in your plan. You know your business better than anyone else, so you know what risks and hazards are present. Make sure the plan you select is applicable to your specific business environment.


A deductible is the amount of money you are required to pay before workers compensation insurance companies process a claim. Depending on the nature of your business, you may opt for a plan with a higher deductible in order to decrease monthly payments.

Speak with your state department and insurance provider to make sure you meet requirements and get the coverage you need. You may also want to consult your financial advisor regarding the deductible and monthly costs.