Company owners who have employees are required by law to carry workers comp insurance. However, while it is easy to determine when you need to buy workers comp insurance, it is not always easy to find a good workers comp insurance agent. Follow these steps to find a great workers comp insurance agent.
Instructions
1. Go to the "Worker's Compensation Website" to find information on workers comp insurance, state requirements and to find agent listings.
2. Talk to other business owners that you know who their workers comp insurance agent is and ask if they are happy with them. Personal referrals for workers comp insurance agents are a great way to get a great agent.
3. Cold call local workers comp agents using your yellow page listings. Ask them about their rates, their coverage, their licensing and about ways you can save on your workers comp insurance. Some insurance agents will offer you a discount if you buy more than one insurance product through their agency. This is a great way to save money on a required expense.
4. Visit your state's department of insurance to find agent lists who are licensed to sell workers comp insurance in your state. You can also use this site to research workers comp insurance agents to see if they have any complaints filed against them.
5. Discuss your expanded insurance needs with your current business insurance agent. Many insurance agents who sell business liability insurance also offer workers comp insurance. Because you are all ready their client, they may offer you a deal on your workers comp insurance rates.
