If you own a business in Georgia, protecting your employees and your company from the financial impact of workplace injuries is essential. Workers compensation insurance provides coverage for medical expenses, lost wages, rehabilitation, and death benefits in the event of a work-related injury or illness.
At Mountain Lakes Insurance, we help business owners in Woodstock and across Cherokee County understand their responsibilities and secure the right workers comp coverage. Our team is here to guide you through the process and ensure your policy meets both legal requirements and the needs of your workforce.
What Does Workers Compensation Insurance Cover?
Workers compensation is designed to protect both employers and employees. This coverage helps reduce the risk of lawsuits and ensures that injured employees receive the care and compensation they need. It provides financial support for:
Medical Expenses
Covers doctor visits, hospital stays, surgeries, and other necessary treatments.
Lost Wages
Replaces a portion of an employee’s income while they are unable to work due to injury.
Rehabilitation Services
Includes physical therapy and vocational training to help employees return to work.
Death Benefits
Provides financial support to the family if an employee passes away due to a work-related incident.
Who Needs Workers Compensation Coverage?
In Georgia, businesses with three or more employees are required by law to carry workers compensation insurance. This includes full-time, part-time, and seasonal workers. Premiums are based on two main factors:
Class Codes: These codes reflect the type of work each employee performs and the associated risk level.
Payroll: The total payroll for each class code is used to calculate the premium.
Business owners, corporate officers, and LLC members can choose to exclude themselves from coverage. Doing so may lower the premium, but it also means they will not be eligible for benefits under the policy.
Frequently Asked Questions
Independent contractors are not usually covered, but misclassification can lead to penalties.
See what independent coverage can do for you
Whether you're comparing quotes or have questions about your current policy, we're here to help. Use the online tool below to explore your insurance options at your convenience, or give our Woodstock office a call to speak directly with a local agent who understands your needs. At Mountain Lakes Insurance, we make it easy to find the right coverage with the personal touch you deserve.
