Workers’ Compensation Insurance | Get A Quote | biBERK, a Berkshire Hathaway Company

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Small Business Insurance Experts

biBerk has over 500,000 satisfied customers and focuses exclusively on small businesses. Why is biBerk the business insurance company so many organizations rely on? There are many reasons.

Save time

Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.

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Save money

We insure your small business directly, without a middleman or insurance broker, so we pass that savings along to you - up to 20% less than policies with other insurance companies.

Experienced

We're part of Warren Buffett's Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $38 billion in paid claims in 2020.

Save up to 20% on Workers’ Compensation Insurance

We offer top-rated insurance products at prices up to 20% less than the competition. We also offer fast-and-easy claims and unrivaled customer service. You can call and speak with a small business insurance expert, or you can do everything—including purchasing a plan and submitting claims—entirely online. Our processes are all designed with efficiency in mind so you can spend less time dealing with insurance and more time focused on your business.

Help Paying Work-Related Injury Bills

Workers’ compensation insurance helps pay bills associated with a work-related injury, including medical care and lost wages. It’s useful in many industries, including apartment and property management, auto services and dealers, cleaning, janitorial, condominiums, hotels, construction, contracting, health care, lawn care, landscaping, professional services, restaurants, bars, retail stores, transportation, and more.

Why Does Your Business Need Workers’ Compensation Insurance?

It’s simple: having workman’s compensation coverage is the law in most states. If you don’t have it, you face state fines and penalties—even if you never file a claim. You could also get stuck with unexpected costs you have to pay out of your own pocket.

Workers’ comp insurance gives your employees and their families peace of mind knowing they won’t have to pay for medical treatment or other injury-related expenses.

Find out what your state requires for workers’ compensation coverage.

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What is Workers’ Compensation Insurance?

Workers’ compensation insurance—commonly called “workers’ comp” or “workman’s comp”—is an often-mandatory type of insurance that protects both your employees and your company if an employee experiences an injury or disease while at work, including strains, trip and falls, or accidental death.

Fewer High Out-of-Pocket Business Expenses

With workers’ comp insurance from biBERK, you’re shielded from the high costs of workplace injuries.

Protection From Lawsuits

Workers’ compensation insurance includes employer liability, which protects your business if an employee should sue.

Compliance With State Laws

Workers’ comp insurance helps companies avoid fines and penalties charged by the state for not having proper insurance. For example, in California your fine can be up to $100,000.

Policy Cost
Independent Contractors

Determining the Cost of Workers’ Compensation

The average cost of workers’ compensation insurance per $100 in wages ranges from $.75 in Texas to $2.74 in Alaska. Workman’s comp insurance premiums are calculated based on the gross annual payroll you pay to employees. The more payroll expenses you have, the higher your workers’ comp insurance premiums. Workers’ comp insurance premiums are also influenced by: claims history, the requirements of your employees’ roles, the type of business you’re in, and state laws.

Coverage for Independent Contractors and Subcontractors

Most states require businesses to provide workers’ comp insurance for independent contractors and subcontractors who don’t have their own coverage. Avoid covering contractors by collecting their certificate of insurance before doing business with them. If they don’t have workers’ comp insurance, you’ll be charged for their coverage at a similar rate of their total pay based on the type of work they do.

How do I Save Money on My Policy?

Our direct-to-you model allows us to provide insurance up to 20% less than other companies.

Understand Who Needs to be Covered

Many states require coverage for employees, but not for business owners or officers.

Review Your Coverage Annually

Periodically ensure your coverage is up-to-date with your business. For example, if you have expanded to a new state, prices and policy requirements may be different there.

Manage Your Risks

Create a safe working environment and also facilitate safety and employee training. Your claims history can affect pricing, so a safe business means paying less money over time. Check out biBERK’s Loss Control to learn more.

Add a Small Deductible

You will be billed for the deductible amount for each claim and non-payment will cancel the policy. Only available in some states.

Get a Quote Today

Trust biBERK to provide the right workers’ compensation insurance for your small business.