Workers’ compensation insurance is a type of business insurance that provides benefits to employees who are injured or become ill as a result of their job. It covers medical expenses, lost wages, rehabilitation costs, and death benefits. Most states require employers to carry this coverage once they reach a specific employee threshold.
Workers’ comp also protects employers through “exclusive remedy” — meaning covered employees generally cannot sue the employer for workplace injuries. Without coverage, employers face personal liability for all injury costs plus potential lawsuits for full damages. Learn more about requirements in Mississippi, Alabama, Louisiana, Florida, Tennessee, North Carolina, and Georgia.
