While there isn't one definitive "paper" with that exact title, finding the right workers' compensation insurance typically involves navigating three main "paths" based on your state's laws and business size. 1. Private Carriers (The Most Common Path)
: Major players include Travelers (the largest U.S. underwriter), The Hartford, and Allstate .
Depending on where your business is located, you might use a state fund: where to buy workers compensation insurance
Once you buy a policy, you will receive a . You will often need to provide this proof of coverage to clients, contractors, or vendors before starting a project. Workers' Compensation Insurance - Progressive Commercial
: In North Dakota , Ohio , Washington , and Wyoming , you must buy insurance through the state-operated fund. Private insurance is not allowed. While there isn't one definitive "paper" with that
Most businesses buy policies through private insurance companies. You can compare rates at sites like Insureon or Progressive Commercial .
If your business is in a high-risk industry (like roofing or logging) and private carriers reject your application, you can apply for the . This is a state-mandated program that ensures every employer can get coverage, though it is usually the most expensive option. Key Documentation underwriter), The Hartford, and Allstate
: Check AM Best ratings to ensure the carrier is financially stable enough to pay out long-term claims. 2. State-Funded Options
