Who Are You?
You are a business owner with a multitude of responsibilities. Aside from your efforts to maintain a sustainable business in Texas, you are also responsible for the individuals who work for you. As a vital part of your business, you truly care about the wellbeing of your employees. Similarly, you are aware of the financial damages you may face in the event of an employee injury or illness caused by your work environment. Fortunately, at AIA, we are well versed in Texas workers compensation.
What Is Your Risk?
You are familiar with your risks as a business owner. From theft and natural disasters to human error caused by employees, you are well aware that a myriad of occurrences can easily put you in a vulnerable position. However, a great risk you face as a business owner is an employee injury. Without workers comp insurance coverage, you may lose important legal protections and a great deal of money.
What Is Workers Compensation Insurance?
Texas workers compensation insurance pays for medical bills and partial lost wages of employees injured in your workplace or who develop work-related illnesses. The benefits distributed to these employees vary depending on the injuries. Further, workers compensation includes:
- Income Benefits: Covers a portion of employees’ lost wages
- Medical Benefits: Covers medical treatment due to work injury
- Burial Benefits: Covers a portion of funeral expenses
- Death Benefits: Covers a portion of lost wages to families of employees killed on the job
- Employer’s Liability
Why Is Workers Compensation Insurance Important?
Texas is one of the few states that doesn’t require workers compensation. However, opting to forego this coverage may cost you thousands of dollars in the event of an employee’s work-related injury or illness. Non-subscribing employers may be forced to pay extremely high damage awards if disgruntled employees take their cases to court. However, if an employer does have workers compensation coverage, Texas law minimizes his or her liability. In this case, employees usually cannot sue the employer, which will save you time, money and court costs.
Who Are We?
We are AIA Insurance Agency, comprised of local Texans who support our fellow businesses in Texas—including yours! At AIA, we want to ensure you, as a business owner, are protected from any financial damages caused by employee injuries or illnesses at the workplace. Because we are more than just insurance. We are your neighbors, family and friends with deep Texas roots.
So, How Does This All Work?
Finding the right insurance coverage shouldn’t be complicated or stressful. That’s why we offer a free risk analysis to discuss how workers compensation insurance can benefit you and your business. If you have questions, concerns or just curiosity, we are more than happy to help—just give us a call today at (800) 666-9551 or contact us here.