HR Services Workers' Compensation Workers’ Compensation Insurance For most businesses across the nation, workers’ compensation insurance is mandatory coverage for medical expenses and lost wages for employees injured on the job. Paychex Insurance Agency can help you find compliant coverage and stabilize your business cash flow. Request a quote Workplace Injuries Can Seriously Hurt your People and Productivity 2.8% of American workers suffered a job-related injury1 More than 50% of all workplace injuries required time away from work1 9 days of work are missed on average by injured employees1 Work with Top Carriers and Improve your Cash Flow Our licensed agents can help you select a workers’ compensation insurance plan from top-tier national carriers, while our integrated Workers’ Compensation Payment Service* can give you a smarter, more cost-effective means to manage your policy. What you get Coverage that fits your specific needs We perform a thorough analysis to ensure the business and employees are fully covered. Renew your coverage at no additional cost Renew workers’ compensation insurance each year, with no additional deposits or payments required to continue our payment service. The right policy at the best price Licensed Paychex Insurance Agency agents find the best coverage options and deliver a complete insurance plan at competitive pricing. Our monthly reports detail insurance expenses We show you monthly and year-end reports that demonstrate exactly where you stand with wages, payments, and deductions. Protect cash flow with predictable premiums Integrating your workers’ compensation policy with Paychex payroll, greatly reduces your risk of big down payments, surprise premiums, financing fees, and balloon payments that otherwise impact your cash flow. Paychex and the right workers’ compensation coverage can bring stability to your cash flow Request a free quote 2:54 Make Insurance Easier to Manage Paychex is the national leader in payroll, and we extend that expertise into business insurance. We integrate your policies with Paychex payroll to simplify administration and helping you maintain positive cash flow. One Place for All Your Insurance Solutions As a top 25 insurance agency*, we’re your single stop for property and casualty, health and benefits, and benefits administration. Find out more about what Paychex Insurance Agency can offer you, your business, and your employees. Get Insurance Guidance Today Workers’ Compensation FAQ What is workers’ compensation insurance? What is workers’ compensation insurance? Workers' compensation (or "workers' comp") provides replacement wages and medical benefits to employees injured on the job in exchange for relinquishing the employee's right to their employer for negligence. What does workers’ compensation insurance cover? What does workers’ compensation insurance cover? Why do I need workers’ compensation insurance? Why do I need workers’ compensation insurance? How much does workers’ compensation insurance cost? How much does workers’ compensation insurance cost? Business Insurance to Meet Your Needs Paychex Insurance Agency offers a wide range of business insurance policies to help protect your business and employees from costly claims and losses. Business owner’s policy (BOP) Save money with essential business protection. Commercial auto Cover losses due to a work vehicle accident. Cyber liability insurance Protect your information and business reputation. Employment practices liability insurance (EPLI) Protect against claims of harassment, discrimination, and more. Errors and omissions Protect against actionable mistakes by employees or contractors. General liability insurance Manage risk and protect the assets of your business. Commercial property insurance Cover your buildings, inventory, and equipment against loss. Umbrella coverage Manage out-of-pocket costs by extending policy limits. Join Our 700,000+ Customers and Get Help Managing HR, Payroll, and Benefits Request Pricing Find Your Solution Signing of Infrastructure Investment and Jobs Act into law changes end date of ERTC program retroactively to Sept. 30, 2021 Check Out Our ERTC Service Our Services Payroll Services Time & Attendance HR Services Employee Benefits Services Business Insurance Solutions Payment Processing Solutions Resources Knowledge Center Coronavirus Help Center Small Business Watch About Paychex About Us Careers The Power of Paychex Locations Newsroom Investor Relations Corporate Responsibility Contact Us Contact Sales Support Options Login Information Login Trouble logging in? How to reset credentials Follow Us Privacy Security Trademarks & Disclaimers Legal Sitemap © 2021 Paychex Inc. All Rights Reserved. *Optional Workers’ Compensation Payment Service for Paychex payroll clients **Employer-Reported Workplace Injury and Illness, U.S. Bureau of Labor Statistics, 2018 Insurance sold and serviced by Paychex Insurance Agency, Inc., 150 Sawgrass Drive, Rochester, NY 14620. CA License 0C28207. The Paychex Insurance Agency Workers' Compensation Payment Service is available in all states except North Dakota, Ohio, Washington, and Wyoming. 1. Employer-Reported Workplace Injury and Illness, U.S. Bureau of Labor Statistics, 2018