Looking for Workers Compensation Insurance in Ohio?
Ensuring your employees' well-being means securing the future of your business.
An essential part of running a successful business in Ohio is maintaining a safe work environment for your employees. However, accidents and illnesses can still occur. Workers compensation insurance offers you and your employees the critical protection you need when such situations arise.
At Parson Insurance Agency, you strive to create a safe and secure workplace where your employees can excel and help your business flourish. Even with the greatest intentions, mishaps like trips, falls, or broken equipment can still happen, resulting in diseases or injuries.
Click And Learn
Medical expenses
Fatal injury compensation
Lawsuits
Lost income
Rehabilitation
Medical expenses coverage
Risk Factors
A painter falls off a ladder while working on a ceiling and breaks a leg. His workers’ compensation policy pays for the ambulance ride to the hospital, surgery, medications, and physical rehabilitation.
Solution
When an accident happens at a workplace, workers’ compensation covers the cost of immediate care, such as an ambulance ride or an emergency room visit. It also helps pay for surgical procedures, medications, hospital stays, and ongoing care.
Compensation for fatal injuries coverage
Risk Factors
An electrician accidentally touches a live wire, goes into cardiac arrest, and dies. The electrical company’s workers’ comp policy covers the cost of the funeral and burial. It also provides financial support to the electrician’s spouse and children.
Solution
When a work-related incident is fatal, workers’ compensation pays death benefits that cover funeral expenses and help support the deceased individual’s family.
Lawsuit coverage
Risk Factors
A chef in a restaurant suffers third-degree burns while trying to put out a grease fire. She blames the restaurant for failing to provide a fire extinguisher and adequate safety training. The case goes to court; the restaurant's workers' comp policy pays for the cost of hiring a lawyer and the eventual settlement.
Solution
Workers' compensation insurance typically includes employers' liability insurance. This policy protects the employer from a lawsuit claiming a worker was injured by the employer's negligence. If an employee sues, it can help pay for the attorney's fees, court costs, settlements, or judgments.
Lost income coverage
Risk Factors
An HVAC installer accidentally lowers an air-conditioner unit on his foot and breaks several bones. The installer has to stay off his feet for a month, which prevents him from working. The installation company’s workers’ comp policy pays part of the wages that would have been earned during the month of missed work.
Solution
A serious injury can prevent an employee from returning to work for days, weeks, or even months. Workers’ compensation often pays for part of the wages lost while an employee is recovering from a workplace injury or occupational illness.
Rehabilitation coverage
Risk Factors
Your disabled employee may also receive a Transferable Skills Analysis. This helps find other roles for them where they can learn new skills and work with their disability.
Solution
Workers’ comp can help cover your employee’s ongoing care. This includes ongoing physical therapy or vocational rehabilitation to help them learn new skills to return to work in a different role. Workers’ comp can even help cover any further training and certifications.
Is Workers Compensation Insurance Mandatory?
Workers Compensation insurance is a state-regulated program to replace lost income and medical expenditures resulting from an employee's work-related accident or illness. It also includes services to help the employee recover and return to work. This coverage is required by law in most states, including Ohio.
Cost of Workers Compensation Insurance in Ohio
Each state has a different workers compensation insurance premium, which is determined by a number of criteria, such as:
The number of employees The nature of their work Your claims history Your industry
Classification codes determine insurance rates, assessing the risk associated with jobs and industries. Higher-risk jobs typically incur higher insurance costs. Correctly classifying each employee can help reduce your Workers Compensation policy costs. For instance, an administrative assistant at a construction company will have a lower rate than a construction worker.
At Parson Insurance Agency, we prioritize your employees' safety and security because they are your business's backbone.
Contact our office immediately to explore your Workers Compensation needs and choices. Alternatively, visit our quotes page to get started.
By securing comprehensive Workers Compensation insurance in Ohio, you can confidently protect your employees and your business.
Already have Workers Compensation Insurance? Switching is easy
It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options
If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.
Contact us today to help you with multiple options to choose from.
Request a Quote
Get Personalized Insurance
Also providing service throughout OH, PA, NC, and FL
