There’s no question that you need a broker when you’re shopping for workers’ compensation insurance small business. With ever-changing regulations and carriers becoming increasingly exclusive in their coverages offered, navigating the marketplace on your own can be frustrating. A workers’ compensation insurance broker can help you avoid an endless series of headaches, but it’s important to one that will best cater to your clients’ unique needs.
It’s vital to select a brokerage firm with national reach. Although workers’ compensation laws differ from state to state, a broker that works nationwide will be able to help you provide for your clients in multiple states, or that do business in multiple states. A broker’s nationwide reach also transcends some of the limits placed by individual carriers on their policy offerings based on geography, industry, lines of business and numbers of employees.
Managing the workplace safety pictures goes beyond just simple coverage. Additionally, you should consider selecting a workers’ compensation insurance broker with additional support services. These can include assistance with safety programs, as well as providing advice on remaining OSHA-compliant and preventing fraud and abuse. Also, your broker should be able to connect your clients with return-to-work programs from partner carriers to help ensure injured employees receive the care they need and return to work safety.