{"id":791,"date":"2021-09-13T04:00:00","date_gmt":"2021-09-13T04:00:00","guid":{"rendered":"https:\/\/www.collinginsurance.com\/blog\/?p=791"},"modified":"2021-08-24T16:27:15","modified_gmt":"2021-08-24T16:27:15","slug":"4-advantages-of-workers-comp-insurance","status":"publish","type":"post","link":"https:\/\/www.collinginsurance.com\/blog\/4-advantages-of-workers-comp-insurance\/","title":{"rendered":"4 Advantages of Worker&#8217;s Comp Insurance"},"content":{"rendered":"<p>Among the many business insurance policies, worker&#8217;s compensation cannot go unmentioned. No matter the business type, your employees are prone to injuries. With this in mind, workers&#8217; compensation insurance comes in handy as it compensates for work-related injuries and other illnesses.&nbsp;<\/p>\n<p>Why should I incur an extra cost in purchasing worker&#8217;s comp insurance? Why do I need this coverage, yet I have a safe working environment? If you are not sure about worker&#8217;s comp insurance, here are the benefits you accrue when you purchase this coverage from Colling Insurance Services Inc. of Lakewood, CO.<\/p>\n<p><strong>Protects your employees&nbsp;<\/strong><\/p>\n<p>The policy ensures that your employees get the appropriate cover in the workplace. The policy cushions against accidents, sickness, and injuries that happen due to work-related issues. The coverage covers:<\/p>\n<ul>\n<li>Medical expenses<\/li>\n<li>Death benefits<\/li>\n<li>Missed wages while the worker is recovering<\/li>\n<\/ul>\n<p><strong>Protects your business<\/strong><\/p>\n<p>Any company that values its employees is viewed positively. One sure way to appreciate your employees is getting worker&#8217;s comp insurance. This insurance not only boosts the confidence of your employees but cushions your company against lawsuits that employees could file due to work-related injuries. The policy thus protects your business from the financial burden as a result of employees&#8217; work-related incidences.&nbsp;<\/p>\n<p><strong>It&#8217;s mandatory by law<\/strong><\/p>\n<p>Colorado requires businesses to purchase worker&#8217;s compensation insurance. Compliance with this law keeps you off hefty fines and penalties.&nbsp;<\/p>\n<p><strong>It&#8217;s affordable&nbsp;<\/strong><\/p>\n<p>Worker&#8217;s compensation insurance is essential yet very affordable. While it doesn&#8217;t come for free, the cost of this coverage is minute compared to the costs it saves you when the unexpected strikes your business.<\/p>\n<p><strong>Worker&#8217;s comp insurance in Lakewood, CO<\/strong><\/p>\n<p>There you have it, the advantages of having the worker&#8217;s comp insurance. If you have a business and employees, better be safe than sorry. Contact us at Colling Insurance Services Inc. for an affordable quote.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Among the many business insurance policies, worker&#8217;s compensation cannot go unmentioned. No matter the business type, your employees are prone to injuries. With this in mind, workers&#8217; compensation insurance comes in handy as it compensates for work-related injuries and other illnesses.&nbsp; Why should I incur an extra cost in purchasing worker&#8217;s comp insurance? Why do [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[470,514,516],"class_list":["post-791","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-colling-insurance-services","tag-inc","tag-lakewood-co"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/posts\/791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=791"}],"version-history":[{"count":1,"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/posts\/791\/revisions"}],"predecessor-version":[{"id":792,"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/posts\/791\/revisions\/792"}],"wp:attachment":[{"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.collinginsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}