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Workers Compensation
As a business owner, your employees are your greatest asset. We give you the tools to make sure they are covered correctly.
From finding the correct class codes, helping with safety plans, and guiding you through Audits, IPG will make sure you and your business are protected.
What is Workers Compensation Insurance?
Workers’ compensation provides medical expenses, lost wages, and rehabilitation costs to employees who are injured or become ill “in the course and scope” of their job. It also pays death benefits to families of employees who are killed on the job.
Most employers are required to carry workers' compensation insurance in Georgia. All employers that have three or more full-time, part-time, and even seasonal employees on staff must provide workers' compensation.
Similar businesses in each state, that exhibit comparable workplace injury patterns and costs, are grouped into “classes.” Rates are determined for each class based on the prior five years of loss costs for all businesses within that class. This provides an equitable system where rates are charged commensurate with the actual loss experience of the class of business. Economic factors for each state are then overlaid onto this data to determine the rate for each class in a given state.
A system called “experience rating” allows for modification of the class rates based on the loss history of an individual business. This system provides business owners a significant amount of control over the cost of their workers’ compensation premium – safe businesses are rewarded with lower premiums and unsafe businesses are penalized with higher premiums.
Is Workers Compensation required for all Georgia Employers?
How is the cost determined?
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WHAT OUR CLIENTS SAY
Curt, HVAC technician
If I need something I can text them and within 5 minutes they have handled my needs. They really do make workers comp easy.
Greg, Electrian
They really know what they are talking about. They really helped me during audit time.
Ralph, Commercial Painting
IPG reviewed my policy and explained things so well. Not only did they show me where I was under insured, they helped me get covered for a great price.