Workers Compensation is Assurance for Employer & Employee Alike
If you’re a business owner in New Mexico, it’s important to have the appropriate insurance protections in place if an employee is injured on the job. Trying to obtain workers compensation coverage after the fact simply will not work. In other words, you need to be covered in advance. That’s exactly what a proper workers compensation policy does: It ensures that an injured worker's medical and financial needs are taken care of when accidents happen.
What is Workers Comp? Who Needs It?
As a New Mexico employer, you have an obligation to ensure a safe work place and the law requires a business to have Workers Compensation Insurance. Workers Comp insurance can provide the coverage to protect you from unpredictable occurrences.
Workers compensation insurance spreads and shifts the risk for on-the-job employee injuries from employers to insurance providers. Doing so protects the business from work-related claims and legal exposure. Business owners can breathe easier knowing employees will be properly cared for if an accident happens without posing a threat to the company’s profitability or to its solvency.
And workers compensation provides reimbursement regardless of who’s at fault for an on-the-job injury. If the injury occurs during the normal scope of normal job duties, workers compensation will pay all applicable benefits.
What Does Workers Compensation Cover?
Workers Compensation covers several expenses related to a worker's recovery from an on-the-job incident:
- Lost-time payments
- Medical care reimbursement
- Rehabilitative services payments
For a Free Workers Compensation Insurance Quote, Contact The Walker Agency
Having the proper New Mexico workers compensation coverage can protect your employees and your business from loss and financial damage. At The Walker Agency, we can service your workers comp insurance needs in New Mexico. At The Walker Agency, we’re dedicated to helping all our clients in New Mexico make informed coverage decisions. That’s why we’re here to answer your every question regarding workers compensation or about any of our other numerous commercial insurance products.
If you’re ready to partner with a New Mexico Workers Comp insurance agency that puts your coverage needs above profits, call The Walker Agency today at our Grants location (505) 287-4432 or at our Farmington location (505) 326-4952. Or for a free online workers comp insurance quote, just fill out the "get a quote form" on our contact page.