MN Workers Compensation Insurance Policy

As a business owner, ensuring the safety of your employees in the workplace is of paramount importance. However, despite your best efforts, accidents can happen.

During such unfortunate incidents, workers compensation coverage can be invaluable for both your employees’ well-being and your peace of mind.

At RAN Agency – Insurance Specialists in Maple Grove, MN, we are committed to helping businesses like yours find the right insurance solutions.

It’s the law, but…

Workers compensation insurance is often mandatory for many businesses if they have employees, no matter what the job requires. It covers medical costs and a portion of lost wages for employees who become injured or ill on the job.

Workers compensation is like an airbag for your business. When trouble strikes, it deploys to help your employee get back to work as fast as possible, minimizing the damage to your business.

If that sounds like a luxury to you, keep in mind, it’s probably a good thing for your business. Imagine having to pay for a slip-and-fall accident out of your business checking account.

Workplace injuries can have long-lasting consequences on your employees’ health and your company’s reputation. Workers compensation coverage is designed to provide protection for your employees, covering their medical expenses, lost wages, and other relevant costs in the event of an injury sustained at work. This ultimately enables them to focus on their recovery without worrying about the financial impact of their injury.

For business owners, workers compensation coverage not only demonstrates your commitment to employee safety but also safeguards your company from potential lawsuits. By providing comprehensive coverage, you minimize the risk of liability and ensure that your business operations can continue without any hitches.

At RAN Agency, our dedicated team of insurance specialists is well-versed in the intricacies of workers compensation policies. We will work closely with you to evaluate your unique needs and tailor a solution that matches your business’s specific requirements. Since we understand that the needs of every organization may vary, we strive to offer a range of coverage options that protect both your employees and your bottom line.

Workers comp insurance may also protect you from being sued by employees for workplace conditions, when a court finds your company liable in causing an injury or illness to your employees.

What if it’s caused by employee carelessness?

Under normal circumstances, fault does not matter in a workers compensation claim. And each state has its own workers compensation system, which is a mandated program to compensate employees who are injured in a workplace accident or rendered ill because of the job.

It’s designed to ensure payment by employers for some part of the cost of injuries, or in some cases, of occupational diseases, contracted by employees in the course of their work.

Workers compensation basics

Since workers comp insurance typically only covers injuries or illnesses when they occur as a result of duties performed on the job or while at work, the scope of the coverage of the policy is limited to duties performed by employees.

Injuries that may be covered by workers comp insurance include lifting heavy equipment, slipping on a wet or oily surface, or sustaining injury, due to fires or explosions.

Workers Compensation Insurance may cover:

It does not cover:

Worried about the cost?

We specialize in covering local businesses like yours. We have everything you need right here, including:

Why We're Different

In the world of insurance, finding the perfect policy to suit your unique needs is crucial. While most insurance products may appear similar in price and function, providers differ significantly when it comes to crafting a tailored policy just for you. At RAN Agency, our team of specialized Insurance professionals are dedicated to helping you secure the coverage you need to protect what matters most.

No two businesses are the same, and likewise, there’s no such thing as a one-size-fits-all insurance policy for businesses. We understand that every company, large or small, carries its own unique risks and requirements. Our extensive expertise in the industry allows us to assess your unique situation and offer the most fitting insurance solutions.

Located in Maple Grove, MN, RAN Agency takes pride in being a trusted partner in ensuring the protection of your business assets and safeguarding your financial wellbeing. We work closely with you to understand your needs and evaluate the potential risks faced by your business operations. This personalized approach enables us to provide customized coverage, specifically designed to protect your valuable assets and minimize any potential losses. Our team of insurance specialists will help you navigate the complex world of insurance, effectively guiding you through the process of selecting the most suitable policy for your business. As a result, you can feel confident that your business will be resilient in the face of uncertainties.

Don’t leave the future of your business to chance. Contact us at RAN Agency today for a consultation with one of our knowledgeable insurance experts. With our dedication to excellence and unparalleled service, you can trust us to help secure your business with a tailored insurance policy that provides comprehensive coverage for your unique needs.

Free Workers Compensation Insurance Quote