DJM Insurance understands how important Workers Compensation Insurance is when protecting your employees on the job, but with an owner who has over 30 years of experience in the contracting and construction industry, we are in a unique position to understand how important it is when protecting your business as well. The DJM difference involves offering policies that protect your company, as well as going above and beyond to offer:
- Fast, Free Quotes
- Competitive Pricing
- Personalized Service With Unlimited Customer Support
- A Team With 20+ Years of Experience in the Insurance Industry
- Policies From Over 50 Insurance Providers
Everything you need to know
Have questions about Workers Compensation insurance?
You know you need Workers Compensation Insurance, but do you know exactly what it is or how it works? Allow us to answer your questions with our FAQs below. If you don’t find the answer you’re looking for, contact DJM Insurance and we would be happy to answer your questions.
In short, Workers Compensation Insurance protects workers on the job who sustain injuries or illnesses due to a specific work accident or over a period of time. It is a mandated insurance policy in the state of California that provides income, medical benefits, and rehabilitative services to ensure your employees receive financial compensation for medical care and income they lose while they aren't able to come to work. A quality policy can also help protect your business from lawsuits.
When an employee is injured or becomes ill, a claim must be filed by the company where the employee works with approval from the injured party. An insurance policy provides benefits to the injured party, but it also helps prevent your business from paying for medical expenses and lost wages out of pocket.
Most of the time, benefits are paid based on an average weekly wage. It is also based on the type of injury or illness they have. However, even if an employee is totally disabled, they will only receive a percentage of their total weekly wages.
The cost of Workers Compensation Insurance varies depending on multiple factors. For example, the more employees you have on payroll, the more costly your policy will be. Your past claims history can also impact your total cost. It is best to contact a DJM representative to receive an accurate estimate that’s based on your specific situation.
The main reasons why an employer may dispute a claim include:
- Trying to prevent insurance premiums from increasing
- Discouraging other employees from being tempted to file their own claim
- Protecting the company's image
How can we help you?
Let’s talk about your insurance needs. Connect with our team of experts to answer any questions and find the insurance that is right for you.