Do you own a business and have several employees working for you? In the Commonwealth of New York, if you employ at least one person, even if it is a family member, you must have workers’ compensation insurance. Whether the employee is full time or part time, you must have the coverage of workers’ compensation insurance. Ginsberg Agency sells workers’ compensation insurance to various businesses throughout Suffolk County, NY. They want to share with you some things you need to know about workers’ compensation insurance in Suffolk County, NY.
Whether you are a new business or an established business on the expansion, the commonwealth law states you must have workers’ compensation insurance if you employ one or more people. The insurance coverage is to ensure employees are covered for medical and wage loss benefits for injuries or illnesses sustained on the job. This insurance sufficiently insures the employer against being sued.
There are four ways in Suffolk County, NY for you to get proper insurance coverage for your employees. If you are a huge company in great financial shape, you can apply for the status of being self-insured. You could apply to the bureau of workers’ compensation for approval. There is also the possibility of joining up with a certified self-insurance funds group. A second way to obtain insurance is through the 300 or more private sector insurance carriers that will write you a workers’ compensation insurance policy. Another way to get the insurance is to purchase a policy through an agent or broker.
Ginsberg Agency will work with you to obtain the best quality insurance to suit your particular business needs. Obviously, if your business is potentially dangerous, like a welding shop, for example, your premiums will be much higher than a person who employs temporary office workers. Ginsberg Agency deals with all kinds of insurance needs such as commercial auto insurance, employment practices liabilities, business insurance, professional liability insurance and much more. If your business needs workers’ compensation insurance in Suffolk County, NY, contact Ginsberg Agency.
