Workers' comp costs depend on where you work and what you do
You need workers' comp if someone asks you to show proof. It proves you have insurance for your business. But the price depends on your state and the kind of work you do.
For example, if you install hardwood floors in a state that uses its own rating bureau, the price will be different than if you install tile. The quote gives you the real price for your situation.
Your state decides part of the cost
Each state has its own rules and costs for workers' comp. Some states use their own rating system. For example, California uses the WCIRB. Other states use different systems. The quote will tell you what your state charges.
For example, in states that use their own rating bureau, the price is based on their own rules. You can't know for sure unless you get your quote.
The kind of work you do affects the price
Workers' comp costs more for some kinds of work than others. If your job is more risky, like lifting heavy objects or working on ladders, the price will be higher.
A flooring installer who works with tile might pay more than someone who installs carpet. The quote will use the right code for your kind of work and tell you the price.
The amount of work you do also affects the cost
States measure how much work you do to decide the cost. This means the price depends on how much you work. Some states use the number of hours you work. Others use your payroll, or a set amount your state uses for a one-person business.
For example, if you work many hours each week, the price might be higher. The quote will use the right way to measure your work and give you the real price.
By default, the policy does not cover you, the owner
A ghost policy proves your business has insurance. But it does not cover you, the owner, if you get hurt at work. If you want coverage for yourself, you can choose to include yourself. This costs more, but it is your choice.
Choosing to be covered is called an owner inclusion election. You make this choice when you get your quote. It is not included by default.
The quote is the only place you get the real price
No one can guess the real price for your workers' comp. The price depends on your state, the kind of work you do, and how much you do. The only way to know is to get your quote.
Some people say workers' comp is always expensive. That's not true. The quote will tell you the real price for your business.
You can get your quote in minutes
You don't need to wait days or talk to an agent. You can get your quote right now. Just tell us where you work and what you do. We will show you the real price for your state and your kind of work.
You can also choose to include yourself in the coverage. That costs more, but it's your choice. The quote will show you the price for both choices.
More about how workers' comp works for your kind of business
Workers' comp is not the same as general liability. Workers' comp pays for work-related injuries to covered people. General liability helps if someone else is injured because of your business. You need to know which one you need.
For example, if you are a flooring installer, you might need workers' comp if someone asks you to show proof. You might not need general liability unless someone else gets hurt in your workplace.
If you're not sure what you need, the quote can help. It shows the price for your business and tells you what kind of coverage you get.
You can read more about how to decide if you need workers' comp on our Do I Need It? page.
