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Business owners in Vermont suffer from some of the highest rates on workers' compensaiton insurance in all of the country. Currently Vermont is the 8th most expensive state in the country to purchase workers comp coverage. Business owners on average pay 25 percent more than the rest of the country. Still many business owners do not shop their policy and do not take advantage of all the cost saving programs available to their business.
One Program we specialize in is called Pay as You Go Workers Comp Coverage. This program is designed with your cash-flow needs in mind. Pay as You Go allows business owners to pay their premiums monthly based on their payroll each month. This prevents over or underpaying by not having to forecast payroll. It also frees up cash earlier in the term so you can use it on other costs more crucial to your business. This is just one of the many programs we have that can help you save on your workers comp policy.
Start a quote online or call one of our knowledgeable agents at 888-611-7467.
In most states, We generally target businesses where we have the best opportunity to provide the most savings. Often times, we've worked out special considerations for underwriting and/or pricing with some of our insurance partners. More policy discounts and credits may be applied.
Don't see your business or industry? Don't worry, we've still got you covered.
Our Pay As You Go workers' compensation insurance plans make it more affordable to buy workers' compensation insurance with little to no money required to start coverage. These plans also help reduce the risk of having a big audit bill at the end of the year because the premium you pay is based on your actual, real-time payroll.
We offer Pay As You Go workers comp from dozens of top-rated insurance companies. We can manage the reporting process directly, set your business up to report and pay the carriers, or work with your payroll provider to collect and pay your premium each pay period or monthly.
In the state of Vermont every employer who hires one or more employees must carry workers' compensation coverage.
The market for workers' compensation insurance in the state of Vermont is very expensive. Vermont is currently the 8th most expensive state in the country to purchase coverage. Employers on average pay 25 percent more than the rest of the country. Vermont does not have a state fund and they do not partner with a carrier to be the assigned risk provider. These two factors along with a lack of competition on the open marketplace make Vermont rates on workers comp coverage extremely high. WE can help with flexible payment plans and other programs designed with our partners to help you get the most out of your work comp policy.
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