Workers’ Compensation Insurance in Dallas, TX

Your employees are among your business’s most valuable resources. A capable, experienced and qualified workforce can make all the difference as you seek to maintain a productive and safe workplace while pursuing growth and goals. Still, even the most diligent businesses staffed by responsible employees may eventually need to respond to work-related injuries and illnesses. Fortunately, the right workers’ compensation insurance can play a critical role in managing the financial implications of these situations.

What Is Workers’ Compensation Insurance? 

As its name suggests, workers’ compensation insurance can compensate employees who have experienced work-related bodily harm. If an accident leads to staff being injured or becoming ill, the right coverage can assist your business and affected workers with the resulting losses and expenses while potentially limiting out-of-pocket costs.

How Can My Policy Help?

In the wake of an incident that affects employees’ health, they can file a claim against your business’s workers’ compensation insurance policy. If approved, subsequent payouts can assist by helping to pay for the following:

• Medical bills

• Wage replacement

• Disability benefits

• Vocational rehabilitation

• Death benefits

Additionally, most workers’ compensation insurance policies include employers’ liability coverage. This component can help your business pay for legal expenses, such as attorney fees, settlements and judgments, should an affected worker sue you for the incident in question.

Is Coverage Required?

Although private sector employers in Texas are not bound by law to retain workers’ compensation insurance, there may still be situations in which coverage is needed. For example, if your business contracts with government entities, it will be required to maintain coverage for employees working on the project. Even if such obligations do not apply, this type of insurance is generally advisable, as lacking coverage could mean your employees cannot optimally recover from work-related incidents. This could also make them more likely to sue your company, potentially leading to significant financial losses and reputational harm.

We’re Here to Help

Contact LC Insurance today to learn about workers’ compensation coverage or get a personalized quote.