Accidents can happen.
If you are a builder or in the construction trade, you have to be protected for those moments of unexpected down time.
Workers' Compensation Coverage
Workers' Compensation is a no-fault system of compensation in which Employees who are injured at work may obtain payment for lost wages, medical costs and occupational rehabilitation expenses without regard to their personal negligence or fault. In exchange for this no-fault system, employees give up their right to sue their employers directly for negligence or other damages.
Cancelled or Non-renewed Risks
We will want to know if you have had cancelled or non-renewed policies by another company. Our job is to make sure we get you the best coverage for the work you are doing to ensure you have the needed coverage in case of an emergency.
Workers' Comp Audit Basis
Workers' Compensation premiums and exposures are subject to final audit. Earned premium for the exposure will be determined at the end of the policy period.
Policies will be prorated (without penalties) when cancelled for the following reasons:
- At the request of the company
- Nonpayment of premium
- Insured no longer has a financial or insurable interest in the property or business operation
If a policy is cancelled for any reason other than outlined above, a penalty percentage of the unearned premium will apply.
Certificates of Insurance
You may be asked for prior certificates of insurance.
Additional Insured Guidelines
Additional Insured's cannot be added onto Workers' Compensation policies.
Considered on a case by case basis by the carrier.
In the end, our job is keeping you protected.
All Access Insurance in Littleton, CO, who represents multiple insurance companies as a “Broker” and provides products for auto, home, commercial, workers compensation, and much more! Call us today for a free quote at (303) 932-1700.