Pay-as-you-go Workers Compensation in Paramus, NJ
KEEP YOUR EMPLOYEES PROTECTED AND PAY ON YOUR SCHEDULE
Businesses of all kinds need to take care of their workers. If one of your workers is hurt at work, you need or cover some of his or her expenses, and workers compensation can help you do that. Not all workers compensation insurance has to be paid in sums that interrupt steady cash flows; some of it can be paid ‘as-one-goes.’
At Suburban General Insurance Agency we have ‘pay-as-you-go’ workers compensation insurance and we can design a policy for this insurance that suits you. We offer ‘pay-as-you-go’ workers compensation through Applied Underwriters, and you have many options as a result. See these options below.
PAY-AS-YOU-GO WORKERS COMPENSATION TAILORED TO YOU
We offer two programs geared toward high-hazard codes. One of these programs has premiums between $7,500 and $100,000 and the other has premiums in excess of $250,000. These programs are for industries in which risk of on-the-job injuries is high. Construction, manufacturing, and transportation are among these industries.
There are requirements for any business that wants to take advantage of these programs, and the requirements are:
I. Three years in business with workers compensation in force.
II. Favorable three-year loss history
III. Minimum payroll of $100,000 annually
IV. Minimum workers compensation rate per $100 of payroll of $5+
V. Eligible in all 50 states
To learn more about our offerings, contact an agent.
WORKING WITH SUBURBAN GENERAL INSURANCE
We pay attention to detail and ensure that your workers compensation insurance policy is exactly as you need it to be. Pay-as-you-go workers compensation insurance can save you money and help you run your business smoothly, so our attention to detail is important. Also, we deliver services that make the policies and packages that we sell more valuable. We manage risk and claims, perform regular policy reviews, and make ourselves reachable at any time and in any way. As a result, you can reduce costs, have effective insurance, and get a hold of us whenever and however you need to get a hold of us.
Suburban General Insurance Agency is proud to provide pay-as-you-go workers compensation insurance in Paramus, NJ and in Bergen, Passaic, Hudson, Essex, and Middlesex Counties in New Jersey. We also serve other areas in the state and we serve New York and Connecticut.
- New Jersey Workers Compensation Information and Resources (The New Jersey Department of Labor and Workforce Development)
- Employment & Labor Law Information and Resources (The U.S. Small Business Administration (SBA))
- Workers Compensation NFP Bylaws (The National Workers Compensation Reinsurance Association (NCCI))