Workers' Compensation Coverage
Coverage for All Businesses Types and Their Employees
Fast quotes and niche insurance market access for business owners.
The Industry Standard for Reliable Employee Liability Protection.
Protecting your employees and your business with tailored Workers’ Compensation programs for all industries.
Workers' Compensation Insurance from AMIS It is getting more and more complicated to insure businesses, and workers’ compensation is no exception. Market availability is becoming more restrictive, commission income is shrinking, and business owners are beset by skyrocketing workers’ compensation costs. Many insurance brokers pursue only large and complicated workers’ compensation accounts rather than the less profitable "Main Street" risks... the "Mom and Pop" stores, the small office, the light service risks. In contrast, AMIS has selected private investigators, insurance adjusters, security guards, private patrols and alarm companies as our target markets for workers’ compensation insurance, provided that we also write the General Liability / E&O for these risks.
Prior to the establishment of the first workers’ compensation laws, workers who were injured in the course of employment could only collect damages by suing their employer and proving negligence on the employer’s part. This system favored employers since it was difficult to prove negligence, and made it difficult for injured workers to obtain an award. Not until workers’ compensation legislation replaced the tort system did workers routinely receive compensation for occupational injuries without establishing negligence on the part of the employer. Workers’ compensation insurance provides compensation medical care for employees who are injured in the course of employment, in exchange for mandatory relinquishment of the employee’s right to sue his or her employer for the tort of negligence.
Protecting Your Business and Employees
Workers’ Compensation Policies:
For those that do not have a complete understanding of workers’ compensation insurance policies, the following describes the standard provisions of the Workers’ Compensation and Employers’ Liability policy. The are two distinct features of the policy:
Total Workforce Protection: Specialized Workers’ Compensation Solutions
We specialize in workers' compensation policies designed for:
- Small business coverage
- Personal injury protection
- Alarm company policies
- Family service insurance
One of the fundamental ways that insurance companies determine workers’ compensation insurance premiums is by employing a classification system. The system matches different workplace exposures with corresponding classification codes, each one with a rate proportionate to the risk associated with that exposure. Proper risk classification is critical because the classification governs the workers’ compensation premium more than any other factor. However, it is often difficult to determine exactly which classification code of the hundreds available is the most appropriate one to use.
At AMIS, we have worked through most of the classification issues with our workers’ compensation underwriters for private investigators, insurance adjusters, security guards, private patrol and alarm companies in 48 states. Our underwriters now understand the operations of each of these types of exposures, and we are qualified to select the proper classifications.