While every employer wants to make their workplace safe, accidents can and do happen. At a car dealership, working with large and occasionally fast-moving vehicles, employees can be subject to a number of risks. When considering workers compensation auto dealer and insurance broker alike should remember that there are several benefits to this type of insurance.
Workers compensation insurance helps to keep employees from getting hurt in the first place, since good safety practices that protect them also help keep premiums low. This provides an incentive to reduce risk. Also, employees are more likely to be satisfied if they receive compensation; it improves morale and reduces lawsuits. Finally, compensation for workers isn’t just a good idea, it’s the law in many US states. It helps keep the company stable and productive.
This kind of compensation is good for employees too, not just employers. If a worker is injured on the job, they don’t want to have to worry about lost wages or medical fees. Compensation helps them keep their lives together in case disaster strikes and makes them more likely to return to the company after they have recovered.
There are lots of places to look for this kind of insurance; insurance brokers and managing general underwriters (MGUs) can help a workers compensation auto dealer. Employee compensation keeps companies stable, workers safe, and everybody happy.