Workers Compensation Insurance
Oregon workers compensation insurance is required to be carried by Oregon businesses with at least one employee on payroll. Oregon state law is considered to be compulsory meaning employers are required to comply with the state and federal regulation for having this protection in place. Even though this is required there’s no enforcement, although if an employee were to be injured on the job and workers compensation insurance isn’t in place the state would assess a fine for being out of compliance.
Workers compensation insurance for your Oregon employees will cover the state mandated benefits for medical expenses and lost wages. The other benefit of workers compensation insurance is the lesser known part of the policy called employers liability. This part of workers compensation insurance pays for bodily injury that comes from the employment relationship but excludes injuries covered under workers compensation.
Learn more about Oregon Workers Compensation Insurance:
Reach out to me if you’re considering Workers Compensation Insurance. I will discuss with you how it works and assess if it fits into your risk management needs. If you determine this coverage is needed I will then provide you with comparative Workers Compensation Insurance quotes from multiple insurance carriers so you can get the best possible rate.
As an insurance broker I help businesses throughout Oregon and the Pacific Northwest manage risk.