Workers’ compensation insurance is state-mandated coverage that pays expenses associated with on-the-job injuries and occupational illnesses. Workers’ comp typically covers partial lost wages, medical bills, and survivor benefits. In Nevada, employers are required to carry workers’ comp when they have one or more employees and costs between $0.71 – $8.88 per $100 of payroll. The…
About the Author
Virginia Hamill
Virginia Hamill is a junior finance writer focusing on insurance. Prior to joining Fit Small Business, Virginia worked in the wholesale division of Insureon, an online insurance agency. She holds a Master’s Degree from DePaul University and has written for a number of digital finance and insurance companies, including Kin and TopstepTrader.
When not busy pounding the keyboard, Virginia likes to try enchilada recipes and snuggle her pug Bogey.
Oregon Workers’ Compensation Insurance: Top Providers & Rules
Workers’ compensation insurance is a policy that pays for employees’ medical bills and lost wages if they suffer work-related injuries or illnesses. Oregon laws make business owners get coverages when they have one or more full- or part-time employee. Oregon employers typically pay between $0.83 – $10.46 per $100 of payroll for workers’ comp. The…
Illinois Workers’ Compensation Insurance: Providers, Rules & More
Workers’ compensation insurance is required by law in most states. Policies cover injured employees’ medical bills and lost wages and death benefits if an employee dies from a workplace incident. In Illinois, employers must get coverage even if they have a single, part-time employee and pay an average of $1.12 per $100 of payroll. Illinois…
Virginia Workers’ Compensation Insurance: Top Providers & Rules
Workers’ compensation insurance pays for employees’ medical bills and lost wages when they suffer workplace injuries or occupational illnesses. Workers’ comp is required by law in most states, and Virginia employers must carry workers’ comp once they regularly employ more than two employees, and they typically pay between 14 cents to $8.72 per $100 of…
Washington, D.C., Workers’ Compensation Insurance: Cost & Companies
Workers’ compensation insurance is state-mandated coverage that pays employees’ medical bills and part of their lost wages if they suffer on-the-job injuries or occupational illness. In Washington, D.C., business owners with one or more employees must carry workers’ compensation insurance and can expect to pay between 69 cents to $10.83 per $100 of payroll. The…
Babysitting & Nanny Insurance: Cost, Coverage & Providers
Nanny insurance is a group of business policies designed for individuals who care for children. Whether they work out of their home or someone else’s, nannies’ policies like general liability and professional liability to protect their assets in case they are sued. Nanny insurance typically costs between $200 and $1,400 per year. Unfortunately, nannies can…
Liquor Liability Insurance: Coverage, Cost, & Providers
Businesses that manufacture, sell, or serve alcoholic beverages need liquor liability insurance. Liquor liability policies cover the cost of claims arising from damages or injuries caused by inebriated patrons. Typically, alcohol liability insurance for small business costs $250 to $2,500 annually, depending mainly on the percentage of liquor sales and type of venue. Alcohol-related incidents…
Photographer Insurance: Cost, Coverage, & Providers
Professional photographers need photographer insurance to protect their assets from the cost of lawsuits and property damage. Typically, that means having general liability, professional liability, and equipment coverage. Insurance for photographers may cost $250 to $600 per year depending on your clientele, venue types, and the equipment you use. Getting affordable insurance for your photography…
Church Insurance: Cost, Coverage, & Top Companies
Like any business, churches need insurance to protect their assets, but getting coverage isn’t as simple as asking an agent for church insurance. Insurance for churches is actually several policies, each designed for a specific risk. For instance, most churches need general liability insurance and can get it for $400 to $550 per year. Insurance…
Massage Liability Insurance: Cost, Coverage & Providers
Massage insurance is a group of policies, each designed to cover the risks massage therapists face. The most common policies for massage therapists are general liability and professional liability insurance. These policies cover your legal costs when clients sue over injuries, property damage, or negligence. Together, massage liability insurance policies cost around $400 to $1,500…
Freight & Cargo Insurance: Cost, Coverage, & Providers
Cargo insurance pays the value of shipments, up to coverage limits, when shipments are lost or damaged. Businesses that ship goods need cargo insurance, but those with infrequent shipments can get coverage for single shipments. Small business owners typically insure cargo through the shipper. This usually costs $.60 per $100 of the shipment’s insured value….
Contractors Insurance: Types, Costs, & More
Contractors insurance refers to multiple policies that cover risks general contractors and other contractors face. Some insurers combine key coverages, like general liability and commercial property, into a business owner’s policy (BOP) for a lower rate. Standalone general liability policies might cost $350 to $1,500, but contractors can usually get BOPs for $400 to $700…
