As a transportation and logistics company, you likely have many employees who have the potential to get injured on the job. This isn’t something that anyone likes to think about, but it’s still necessary to have a plan in place for workers compensation in case an unforeseen accident or injury occurs. Workers compensation insurance covers a variety of damages, including injury from an accident, injury sustained while loading or unloading freight, illness that may occur due to the job, and falling while entering or exiting a truck.
If you have employees, your company needs workers compensation insurance, no matter what industry you are in. In most cases, this includes independent contractors that work for your company. Trucking operations especially need workers compensation insurance due to the risks involved in this industry. With this type of insurance, you’ll be able to help and protect your employees. Your company will be able to recover lost wages, cover your injured employee’s medical expenses, and more.
While you need to do everything in your power to reduce the risk of injuries on the job, you can’t control everything. Unforeseen circumstances can strike, and people may get injured even when everyone is doing their job correctly. Luckily, workers compensation insurance can give you peace of mind and can help you financially when disaster strikes.