08 Apr Low Cost Workers Comp for Texas Commercial Janitorial Companies
Low Cost Workers Comp for Texas Commercial Janitorial Companies
Workers Comp for Texas Commercial Janitorial Companies can be quite different than Workers Comp for other states. There are some important differences that are important to remember when shopping for Workers Comp. We will break it all down for you in this blog.
Low Cost Workers Comp for Texas Commercial Janitorial Companies – Is Workers Comp Required
Texas is a non-compulsory state, meaning you are not required to carry Workers Comp for your employees. This however does not exclude you from being liable if an employee is injured while working for you. Regardless of the compulsory requirements, employers are often held liable for employee injuries, so it is a good idea to purchase this coverage regardless of requirements. In addition to protecting yourself, obtaining this important coverage may open the doors for your
business, as many commercial property owners want to see that their Janitorial companies carry Workers Comp.
Low Cost Workers Comp for Texas Commercial Janitorial Companies – Obtaining Safety Discounts
Implementing the right safety procedures can goes a long way in helping you get the lowest cost Workers Comp possible. Depending on the size and scope of your business, you may be eligible for several safety related discounts. For example, if your Commercial Janitorial business has implemented a formal safety program, you can often obtain a discount from the carrier. You may also be able to obtain discounts for having a return to light duty plan and/or a formal claims reporting procedure. If you don’t know how to implement these procedures, its ok because most carriers have safety information readily available, you just have to ask.
Low Cost Workers Comp for Texas Commercial Janitorial Companies – Additional Discounts and Credits
Depending on the size and scope of your Commercial Janitorial Company’s operations, there may be several additional credits you may be eligible for. For instance, you can obtain a multi-policy discount by bundling your Workers Comp with your General Liability. You can also obtain additional discounts by maintaining continuous coverage without lapses, as carriers like to see consistency. Lastly, you can sometimes obtain discounts or credits by obtaining loss runs to show the carrier that you have a good loss history. Every carrier has different discounts and credits available, all you have to do is ask for them!
If you would like to learn more about obtaining Low Cost Workers Comp for your Texas Commercial Janitorial Company, give us a call!
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.
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