If you’re a Texas business owner, purchasing commercial insurance is essential. Many business owners have questions about their insurance options. If your business is located near Coppell, TX, our team at The Select Insurance Agency invites you to call us to get your questions answered. We have been providing services for businesses like yours since 2004.
Understanding Workers’ Compensation for Non-Subscribers
One type of commercial insurance your business should consider is workers’ compensation insurance. This coverage provides benefits for employees who are injured on the job. However, according to the Texas Department of Insurance, it is legal for businesses in Texas to decline to offer workers’ compensation insurance to their employees. When this occurs, an injured employee must prove that their injury was caused by their employer’s negligence in order to seek compensation.
Businesses that choose to become non-subscribers must notify the Texas Department of Workers’ Compensation between February 1 and April 30 of each calendar year. Workplace injuries must still be reported to the Department. Additionally, if you decline to offer workers’ compensation insurance, you are required to post a public notice in your workplace stating that workers’ compensation benefits will not be provided. According to the Texas Department of Insurance, this notice must be printed in English, Spanish, and any other applicable language relevant to your workplace.
Contact Us Today for Assistance
There are several types of required commercial insurance, and you don’t want to miss out on any options that can protect your business. Our team at The Select Insurance Agency can help you understand and select the right insurance solutions for your company. Businesses in the Coppell, TX area trust us for reliable client support. Call us today to schedule an appointment, and let’s discuss your insurance needs.
