Best Price Workers Comp for Photography Businesses

Best Price Workers Comp for Photography Businesses

Workers Comp for Photography Businesses is fairly straight forward, however, there are some steps you can take to reduce the cost of your Workers Comp policy. We will go over some of the basics you need to know to obtain the best price for your Workers Comp policy.

Best Price Workers Comp for Photography Businesses – Employee Safety

Implementing formal safety program can make a big difference in your bottom line. This is because claims, both large and small, can affect your Workers Comp premium dramatically. There are several steps you can take to make your photography business safer for your employees. This can include dispersing safety materials, having safety meetings, and establishing procedures for how employees handle photography equipment. If you do not have any safety  materials for your employees, you can often obtain materials from your Workers Comp carrier.

Best Price Workers Comp for Photography Businesses – Lapses in Coverage

Many business owners don’t realize this, but lapses in coverage can affect your premium substantially. This is because many of the preferred carriers with the best rates require you to carry Workers Comp for at least 3 years without lapses. Many people don’t qualify for these carriers out of simple mistakes such as not paying premium on time. To avoid lapses in coverage, consider paying for the Workers Comp policy in full or setting up the policy on automatic payments. A simple change like avoiding lapses in coverage may help you get quotes approved from carriers that may otherwise decline.

Best Price Workers Comp for Photography Businesses – Additional Credits

Depending on your business operations and management, you may be eligible for additional discounts and credits. For instance, with some carriers, if you also carry General Liability with the same carrier, you may receive a multi-policy discount on one or both policies. If you have a formal safety program you may be able to obtain additional credits from the Workers Comp underwriter. Lastly, if you have a clean loss history, you may be eligible for additional credits on your policy.

If you would like to learn more about obtaining the Best Price Workers Comp for your Photography Business. Give us a call at 925-297-4829.

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.

If You Are Serious About Saving Money While Building A Long Term Business Relationship Please Request A Quote And We Will Be In Touch With Your Shortly!