If you own or are planning to open up a business, you’ve probably researched different types of insurance protection. Some of the most important types of insurance you will consider are business liability and property, workers’ compensation insurance (also called workers’ comp or workman’s compensation) and commercial auto insurance.
Remember, if you have employees, you should have workers’ compensation coverage. In fact, depending on where your business is located, it might even be mandated by state law. If you don’t have the required workers’ compensation coverage for your employees, you can potentially face fines, penalties, and even imprisonment in your state.
To help you navigate the complexity of business insurance and workers’ compensation insurance, we’ve provide some helpful information and resources.
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