Workers Comp Benefits for Electrical Companies
Electricians fix and install power, communications, lighting, and control systems in homes, offices, businesses, factories, and more.
While many would think electrical burns would be the leading cause of injury to electricians. That’s not the case; in fact, it’s from slips and falls. That doesn’t mean electrocutions or burns aren’t possible. With that said, that is why Electrical companies are such a high risk!
These are just a few examples of why having workers’ comp is essential for your employees’ safety and well-being.
How Does Workers Comp Help Electricians?
If an accident occurs on the job, workers’ comp is there to protect you as an employer and the employee. For example, if an employee falls off a ladder or Injures themselves. Workers’ comp will cover the medical bills associated with the accident. Even if they suffer a fall from a faulty harness or severe burns.
If the employee is injured to the point where they are incapable of returning to work, workers’ comp covers some of their lost wages replacing a portion of their income until they can return to work.
Workers’ comp also protects an employer from paying the injured employee’s medical bills and lost wages out of pocket. That is why it is an essential and wise investment to make for both the employees’ safety and your company’s liability.
Why PEOPAYGO?
Electrical customers being considered high-risk in the workers’ comp industry. It can be challenging and expensive for roofing startups or companies with claims to gain coverage.
With PEOPayGo, rates can be 40% lower than the next leading competitor. We cover any company of any size. With that said, we have a 96% approval rate for most customers.
Our $1,000,000 policies cover any possible range of injuries related to roofing to keep you and your employees safe:
PEOPayGo is the leading workers’ comp provider in the State in Florida, and we are making strides by expanding into many other states. Our company prides itself on making sure customers can easily and quickly apply and get approved for workers comp.
Also, through our pay-as-you-go workers comp program, your company can gain coverage affordably. By only paying based on the amount of work you have every pay-period, unlike traditional workers comp plans that require fixed monthly payments. If you add or remove employees from your policy, your premium liability will change, simulating a utility bill. In other words, you only pay for what you need, eliminating any type of audits throughout the life of the policy.
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Electrical workers comp facts
- Electrical work is considered the 25th most dangerous job in America.
- More than 100,000 Americans require annual treatment for electrical-related injuries.
- Electrical employment is expected to grow more than 10% by 2028.
- 96% of our customers are approved without audits or contracts.
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