Workers’ Compensation is an insurance system that provides safety jackets to both employees and employers if any injury or illness happens while working. In Pennsylvania, Workers Compensation Insurance PA is a scheme in which employers have to pay the employee premium amount.
Through the workers compensation insurance scheme, employers protects from being sued by employees in relation to workplace incidents. Employers can cover the cost of medical care, death benefits, and so many other facilities. It also provides partial wage replacement while the employee is unable to work.
What are the Pennsylvania Workers’ Compensation Requirements?
In Pennsylvania, the compensation includes several benefits for workers like they pay Medical treatment fees, Temporary disability payments, Life pension payments, Vocational retraining costs, and provide death benefits. Then here we’re going to tell you some basic requirements for getting Workers Compensation Insurance PA:
- It is mandatory for entrepreneurs to buy worker’s compensation insurance in Pennsylvania even if they have one employee.
- Sole-Proprietors and business partners are includes in this policy.
- Corporate Officers are included in coverage but they may be elect to be exempt or excluded.
- Companies that have members of limited liability then they are excluded from the compensation policy. Any employees must be covered in the same manner as any other entity type.
Best Companies for Workers Compensation in Pennsylvania:
In Pennsylvania, we discovered the 20 best companies for Worker’s compensation insurance. Here we’re discussing 5 top companies of Workers’ Compensation Coverage in Pennsylvania:
| Company Name | Medical Benefits | Death Benefits | Lost Wages | Vocational Rehabilitation | Occupational Illness |
| Simply Business | ✔️ | ✔️ | ✔️ | ✔️ | ❌ |
| Coverwallet | ✔️ | ✔️ | ✔️ | ❌ | ✔️ |
| Hiscox | ✔️ | ✔️ | ✔️ | ❌ | ❌ |
| biBERK | ✔️ | ✔️ | ✔️ | ❌ | ✔️ |
| Tivly | ✔️ | ✔️ | ✔️ | ❌ | ✔️ |
Simply Business – Best for finding the cheapest coverage
| Company | Simply Business |
| Established | 2005 |
| Number of employees | 800 |
| Located In | New Germany Rd, Summerhill, PA |
| Customer Service | 1 (855) 869-5183 |
It is an Insurance brokerage company that focused on both small and medium-sized businesses. It offers the cheapest coverage to small or medium-sized businesses. The simple business company will work with the single motive to help small businesses. It provides insurance to around 800,000 small businesses, sole traders, and landlords.
Benefits:-
- It is easy to get and helps you to find the cheapest coverage.
- All carriers have good financial strength ratings.
- It offers a low rate of coverage on workers’ compensation.
Coverwallet –
| Company | Coverwallet |
| Established | 2015 |
| Number of employees | 342 employees |
| Located In | Harrisburg, PA |
| Customer Service | (717) 787-6009 |
It is one of the best insurance companies if you’re looking for Business Insurance. The company is a digital broker that works with many other insurance companies. We received 3 quotes: Chubb, AmTrust, and Guard. All three companies are great with great financial strength ratings and customer satisfaction.
Benefits:-
- Extensive product and service offerings.
- Provide Backup strength so that you can again start working.
- They are licensed in all 50 states.
Hiscox –
| Company | Hiscox |
| Established | 1901 |
| Number of employees | 3,000 staff |
| Located In | Butler, Pennsylvania |
| Customer Service | (570) 714-9100 |
It is one of the oldest, biggest, and most successful Lloyd’s syndicates. In Pennsylvania, it is required to have worker’s compensation insurance for those employees who are injured or become ill on the job. It offers broad coverage designed to provide safety jackets to your business and your employees.
Benefits:-
- Policies customized according to business.
- Get easy approval.
- It is a Self Maintenance Policy.
biBERK – Best for low-cost coverage
| Company | biBERK (Berkshire Hathaway) |
| Established | 2015 |
| Number of employees | 37 employees |
| Located In | Wilkes Barre, PA |
| Customer Service | 1-844-472-0967 |
biBERK helps small entrepreneurs to select the right worker’s compensation insurance to fulfill the policy requirements and business requirements without paying any extra costs. It is a part of Berkshire Hathaway Insurance Group founded in 2015. We have transformed and modernized the buying process.
Benefits:-
- Get a quote and purchase insurance online.
- You can easily file claims online.
- Download a copy of your certificate of insurance anytime.
Tivly – Best if you want to work with an experienced agent
| Company | Tivly |
| Established | 2009 |
| Number of employees | <25 employees |
| Located In | Hughesville, PA |
| Customer Service | (877) 907-5267 |
It is another brokerage firm that has specialization to help small businesses and also offers all coverages including workers’ compensation insurance. It provides commercial general liability for several types of coverage, including Bodily injury liability, Medical payments, Property damage liability, and Personal and advertising injury.
Benefits:-
- Covers their medical expenses and lost wages.
- Provide rehabilitation benefits.
- Provide relevant coverage on workers’ compensation insurance.
Cost of Workers’ compensation insurance in Pennsylvania:-
The average cost of workers’ compensation insurance in Pennsylvania is $49 per month. In this scheme, the companies cover Medical Costs, Employee Wages- Income Benefits, Short-Term and Long-Term Disabilities, Occupational Illness, and Funeral Expenses. The premium is calculated on the basis of a few factors:
- Location of Business
- Size of Business and Number of Employees
- Industries in which your business is running
- Claim the history of your business
Types of Injuries Covered by Pennsylvania Workers’ Compensation:
In the law of workers compensation insurance Pennsylvania contains some of the following outlines which are cover by companies. Then the types of injuries are mentioned below on which workers can get compensate amount if they face any such situation:
- Injuries, Illnesses, or diseases that are not causes due to work.
- Any injury or death that is intentionally self-inflict.
- Injuries, illnesses, or deaths that are causes by an employee’s violation of the law include, but it is not limited if anyone using drugs and being intoxicated.
Conclusion:
The above-given information is all about the rules and terms of Workers Compensation Insurance PA. In this article, we also provide you with information on the five top most popular companies in Pennsylvania.