Accidents happen, no matter how much safety is prioritized in a construction business. And in the high-risk construction industry, an accident could easily lead to an employee injury. Workers' compensation insurance ensures protection for the most important business asset, the men and women who get the job done.
Workers’ Comp Insurance
In the event of an accident, business owners can be prepared to protect their employees as much as possible, while shielding their construction business from the possibility of liability for employee injuries.
What Does Workers’ Comp Cover?
In the construction industry, it happens every day. A worker could slip off a ladder, fall from a roof, be struck by a falling object, or be injured by heavy machinery. If an employee is injured or becomes ill as a result of their job, workers’ comp benefits cover the costs of getting them well and back to work, including:
- Medical expenses
- Lost wages
- Legal fees, in the event of a lawsuit
- Disability benefits
For an employer, it’s important to provide workers’ comp for employees. And in many states, employers are required to provide workers’ comp by law.
Workers’ comp doesn’t just benefit the employee, it also protects the business owner from financial losses in the event an employee injury becomes a lawsuit. Employees can get the care they need and deserve to get back to work, while protecting the business from hassles, headaches, and costly lawsuits.
In the construction industry, employees risk their safety simply by showing up for work. Business owners can prevent accidents from happening by emphasizing a culture of safety, and preparing for accidents with workers’ comp insurance so they can take care of the people who work hard for them.