How do you choose a workers’ compensation insurance company?

Many insurance agents say that workers’ compensation is a legislated benefit, so it’s best to just choose the lowest priced policy.  They are wrong, and here’s why.

Injured workers’ who are treated with compassion, assisted in the return-to-work process, and given exceptional medical care are more likely to return to work faster and less likely to litigate.  This leads to greater employee productivity and lower insurance costs.

Workers’ compensation is not a commodity product, and business owners shouldn’t treat it like one.  Here are five key questions you should ask about a prospective workers’ compensation insurance company to better understand how their services will affect your costs:

• What is your strategy for getting injured workers back to work?

• Who will handle my claims?

• How many cases on average do your claims examiners handle?

• Do your senior staff members make the first contact with my injured employees?

• How satisfied are your policyholders and injured workers with the services you provide?

For more information about how CompWest approaches workers’ compensation differently, please contact us to receive information about how our claims and safety services can help you minimize your insurance costs.