At Automatic Data Processing Insurance Agency, Inc. (ADPIA®), customer service is a primary focus. Our licensed representatives provide support, solutions and simplicity you can count on. Required by most states, workers’ compensation insurance is important protection in the event of a workplace accident. Customer service and satisfaction is a foundation of our business.
Protection for workplace injury
Clients agree Pay-by-Pay has helped improve cash flow for their business by spreading premium payments across their payroll cycle. Direct billing is an option for clients that prefer to receive a bill for their workers’ compensation premiums that comes directly from their insurance carrier. Contact us for help determining what your states requirements are.
Whether you’re shopping for business insurance or just need some help with your current coverage, we’re here to help. They understand our needs and help us identify the perfect insurance products for our company. What truly makes a difference is the ongoing support …The combination of ADPIA’s administrative solutions and our agent’s dedication has been invaluable. Clients agree ADPIA has simplified their insurance administrative process compared to their previous agency or broker.
Retirement Plans*
That said, sole proprietors should consider obtaining coverage, especially if they operate in a high-risk industry. Small business workers’ compensation insurance is a strategic investment that helps protect business owners and their employees in the event of a work-related incident. If your insurance is compliant with state law, an employee who receives workers’ comp benefits typically can’t sue you for their injuries or lost wages. Employers benefit from purchasing workers’ compensation insurance because it helps protect their business against potential lawsuits related to workplace injuries. Laws and regulations regarding workers’ compensation vary by state and circumstances. Employers should consult a licensed insurance agent to understand specific coverage requirements.
Arkansas Association Of Insurance Companies
Unless your state says 1099 contractors aren’t required to have coverage, it’s a good idea to include them in your policy. My ADPIA Licensed Agent is quick to respond to our requests and stays on top of any issues that may arise and has taken really good care of our account. If something doesn’t look right to her, she will reach out and confirm it. She looks for ways for us to get our value and shops for carriers that will provide us with good service at a fair cost. Pay-by-Pay may help you eliminate upfront deposits, improve cash flow by making accurate and automated payments and simplify your audits – directly impacting your bottom line.
With a Premium Only Plan, your employees can pay part of their health insurance premiums with pre-tax dollars. Internal survey of 589 ADPIA® clients in 2022 that used another insurance agent or broker or dealt directly with the insurance company before coming to ADPIA. Your insurance carrier will issue your policy renewal up to days prior to the renewal date.
Commercial Umbrella Insurance Policy
Required by nearly every state, workers’ compensation protects both your employees and your business in the event of a workplace accident. ADPIA can help you navigate requirements, get coverage and advise you as your needs change over time. Each state has specific exemptions for those who don’t need to carry workers’ compensation insurance. Still, common exemptions include agricultural employees, domestic workers, real estate employees, and coaches for children’s teams.
Additionally, workers’ compensation insurance covers injuries employees may sustain due to workplace violence, terrorist attacks and natural disasters that occur while they are working. With workers’ compensation insurance, employees are covered if they get hurt or sick on the workplace premises or elsewhere while they are acting in the course and scope of employment. The injury or illness does not have to result from a single incident. For example, automatic data processing insurance agency work-related repetitive stress injuries are generally covered by workers’ comp. Of clients prefer having their workers’ compensation premium payments spread across their payroll cycle (vs. having an upfront deposit). Workers’ compensation insurance generally pays for the rehabilitation, recovery or medical bills of employees’ work-related injuries, as well as lost time due to a work-related injury.
The audit must be completed by an authorized representative of your business. ADPIA can help by providing copies of reports and answering questions related to the audit process, but ADPIA does not perform the audit. Protection to meet your needs including General liability, business owner’s policies (BOP), professional liability, commercial auto and umbrella coverage.
- To help ensure swift access to care and sufficient documentation for a claim, employees must immediately seek medical attention after a job-related injury.
- Workers’ compensation insurance generally does not automatically cover subcontractors, though that may vary based on your state.
- Contact us for help determining what your states requirements are.
- If your insurance is compliant with state law, an employee who receives workers’ comp benefits typically can’t sue you for their injuries or lost wages.
Others are hyper-aware, tracking every dollar, working part-time jobs, and trying to pay off interest before graduation. I work a few shifts a week, but I also know I can’t pay it all down while still in school. ADPIA clients are more likely to recommend ADPIA than their previous agency or broker, to another small business. Invest in your most valuable asset — your people — with a wide range of options such as medical, dental, vision, life and disability insurance. While we help you gather much of the information you’ll need for your audit, you will still have some additional responsibilities.
On-site Your carrier sends an auditor to your place of business to confirm the nature of your operations and collect your payroll documents for review. Homeowners insurance policy and mistakes to avoid in the process … An inflation guard add-on will automatically cover up to 125% of… Save time and enjoy more accurate premium calculations by integrating your policy through ADPIA with ADP payroll. Workers’ comp benefits aren’t available to employees for an injury or illness incurred outside of work, even during a commute to or from work. Also, benefits may not be available for employees who hurt themselves intentionally while on the job or experience a work-related accident while intoxicated.
- •Provides additional financial coverage for liability claims beyond the limits of business, auto, general liability or employers’ liability insurance policies.
- •Can protect your organization from devastating unforeseen financial losses.
- Required in most states, workers’ compensation protects your business and employees from losses due to workplace accidents.
- ADP’s Pay-by-Pay Premium Payment Program is a payroll enhancement feature of ADP’s payroll processing services.
Given all the energy invested in growing a company, making sure it’s protected matters. ADPIA® licensed agents have been helping companies like yours find the right coverage to protect their business and employees. A workers’ compensation claim can have a significant impact on a small business, primarily through increased insurance premiums. Insurers assess a business’s claims history, payroll figures and industry averages to determine premium rates. When a small business files a claim, it can lead to higher costs, sometimes equal to or even exceeding the amount paid in claims. This situation can be particularly challenging for small businesses, which typically have fewer financial resources to absorb the increases compared to larger companies.
It also pays benefits to families of employees who suffer a work-related death. Read more about how we can help you with mandatory workers’ compensation insurance. Internal survey of 697 ADPIA clients in 2022 that use ADP’s Pay-by-Pay® Premium Payment Program to calculate and process their workers’ compensation premiums. By integrating your payroll with ADP’s Pay-by-Pay® premium payment program, you can simplify how you manage your workers’ compensation premium payments. With ADPIA you may also be able to eliminate your upfront binder with most carrier partners.
•Can protect your organization from devastating unforeseen financial losses. •Can cover extra equipment, real estate, and other valuable business replacement or repair coverage. In exceptional cases where a lawsuit proceeds, a workers’ comp policy with liability coverage can help pay your court costs and legal fees. Lawsuits filed by both employees and third parties adversely affected by an injury to a worker are generally covered. With ADPIA as your workers’ compensation agent and ADP’s payroll and Pay-by-Pay Premium Payment Program2, you get a simple, efficient way to pay your premium.
The necessity for coverage can depend on factors like the size of the business, the type of work being performed, and state-specific legislation. 1 Only available to ADP Payroll clients using RUN powered by ADP® with ADP’s Pay-by-Pay® premium payment program for Workers’ Compensation. Excludes specific waivers of subrogation and other special requirements that may be needed in a certificate of insurance.