When many people think of people getting seriously injured at work, they picture manufacturing equipment malfunctioning or a repair person falling from a ladder. While those injuries do happen, most workers’ comp claims come from other types of accidents. That’s why lawyer’s workers’ comp is vital.
Over 40 percent of workers’ comp claims come from transportation accidents. If your firm’s attorneys travel at all, your company is at risk. It’s important for your business to purchase a lawyer’s workers’ comp policy that will ultimately cover any losses from an employee’s injury lawsuit.
As you may know, most states require businesses to carry some workers’ comp coverage. However, these minimums are often inadequate. Policies that barely clear the legal limit may leave your business high and dry if an employee is hurt.
Do not rely on state minimums alone. Instead, talk to a specialized insurance agent about your options. When looking for an agent, make sure to find someone who understands the unique needs of professionals and can find a sufficient workers’ comp policy for your firm. He or she can help you navigate your options and discover the policy that makes sense for you.
Although being a lawyer may seem like a tame job, it is not without risks. Make sure that everyone in your firm is covered in case of an accident and that your business won’t go into financial chaos.