Many different types of businesses can benefit from providing workers’ compensation insurance for their employees. In fact, in New York State, it is mandatory to provide such insurance. If you own a furniture dealership, you may find yourself needing to hire an insurance company to provide the structure for your furniture dealers insurance.
Choosing an Insurance Company
When shopping for insurance providers, look for a company that specializes in providing insurance for business product or office supply companies. A company with this specialty will know the ins and outs of your business and will be able to tailor your policy to fit the specific needs of your furniture business. Look for an insurance company that is endorsed by the Stationers Association of New York or the American Business Products Association.
Why Workers’ Compensation?
Workers’ compensation is an important part of your furniture dealers insurance. Workers comp protects the assets of your company in the event that an employee is injured or disabled while on the job. Your insurance company will evaluate potential risks in your workplace and review any prior history of accidents to customize the policy for you business. Many companies also offer classes and literature to help educate employees on proper safety practices in the workplace, which helps lower their risk of being injured, keeping them and you happy.