•Covers liability risks that come from owning or operating vehicles for your business. •Includes coverage for your business if it owns, leases or rents vehicles. •Covers employees who drive company-owned, leased or rented vehicles.

Automatic Data Processing Insurance Agency, Inc. (ADPIA), an ADP affiliate, offers workers’ comp insurance for small business, as well as for midsize and large companies. ADPIA can help you find workers' compensation coverage that meets your state requirements while protecting your company and employees if there is an injury at work. Contact us for help securing a policy with one of our top-rated carrier partners. Generally, workers' compensation insurance requirements apply to businesses that have employees. If automatic data processing insurance agency you are a sole proprietor without employees, you are not typically required to carry workers' compensation insurance.

Employee benefits administration and business insurance solutions

Once the degree of disability has been determined, injured workers receive a percentage of their average weekly wage (actual or state average) for the previous year. Most states require that benefits be paid for the duration of a worker's disability, but some specify a maximum time period. Also, most states enforce a waiting period before benefits for a temporary disability are distributed, though these vary by state, and there are exceptions. Of clients agree their annual audit has been easier to manage since using ADP’s Pay-by-Pay solution. Generate and manage your certificates yourself, right from the insurance section within your RUN Powered by ADP® payroll dashboard. Reach out to an ADPIA professional to see how we can support you and your business.

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Given all the energy invested in growing a company, making sure it's protected matters. ADPIA® licensed agents have been helping companies like yours find the right coverage to protect their business and employees. A workers' compensation claim can have a significant impact on a small business, primarily through increased insurance premiums. Insurers assess a business's claims history, payroll figures and industry averages to determine premium rates. When a small business files a claim, it can lead to higher costs, sometimes equal to or even exceeding the amount paid in claims. This situation can be particularly challenging for small businesses, which typically have fewer financial resources to absorb the increases compared to larger companies.

Others are hyper-aware, tracking every dollar, working part-time jobs, and trying to pay off interest before graduation. I work a few shifts a week, but I also know I can’t pay it all down while still in school. ADPIA clients are more likely to recommend ADPIA than their previous agency or broker, to another small business. Invest in your most valuable asset — your people — with a wide range of options such as medical, dental, vision, life and disability insurance. While we help you gather much of the information you’ll need for your audit, you will still have some additional responsibilities.

Automatic Data Processing Insurance Agency Revenue & Valuation

• Of the present invention, is able to avoid visiting the office of an insurance agent.
• States typically enforce penalties for employers who do not have workers' compensation insurance.
• Clients must be using ADP's tax filing service to take advantage of the Pay-by-Pay Premium Payment Program.
• Insurers assess a business's claims history, payroll figures and industry averages to determine premium rates.

The workers’ compensation audit is always between your business and your insurance carrier. Workers' compensation insurance does not cover business interruption. It is designed specifically to cover employee-related injuries and illnesses that occur due to or in the course of employment. A business owner's policy (BOP) is a separate type of policy that provides coverage for lost income and additional expenses when a business is affected by a covered event. Workers’ compensation insurance provides financial support — medical expenses, lost wages, and rehabilitation costs — to employees who get injured or sick on the job.

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With a Premium Only Plan, your employees can pay part of their health insurance premiums with pre-tax dollars. Internal survey of 589 ADPIA® clients in 2022 that used another insurance agent or broker or dealt directly with the insurance company before coming to ADPIA. Your insurance carrier will issue your policy renewal up to days prior to the renewal date.

How workers’ compensation claims work

Automatic Data Processing Insurance Agency, Inc. (ADPIA®) can help. Get the guidance you need to choose the insurance that’s right for your business with help from Automatic Data Processing Insurance Agency, Inc. Learn how ADPIA helped Airtech Automotive fuel growth with a better workers' compensation solution. You borrow because you believe in your future — that your degree will open doors, that you’ll land a job that makes the debt manageable. The job market changes, industries shift, and sometimes life doesn’t go according to plan. Whether you're starting up a new business or re-evaluating your existing insurance, ADPIA has the knowledge, tools and resources to help you make smart choices.

Guidance from licensed workers’ compensation insurance professionals

Unless your state says 1099 contractors aren’t required to have coverage, it’s a good idea to include them in your policy. My ADPIA Licensed Agent is quick to respond to our requests and stays on top of any issues that may arise and has taken really good care of our account. If something doesn't look right to her, she will reach out and confirm it. She looks for ways for us to get our value and shops for carriers that will provide us with good service at a fair cost. Pay-by-Pay may help you eliminate upfront deposits, improve cash flow by making accurate and automated payments and simplify your audits – directly impacting your bottom line.

What is the minimum amount of workers' compensation insurance required?

• By integrating your payroll with ADP's Pay-by-Pay® premium payment program, you can simplify how you manage your workers' compensation premium payments.
• Workers' compensation insurance does not cover business interruption.
• This material covers ADP’s Pay-by-Pay, a payroll enhancement feature of ADP’s payroll processing service.
• Internal survey of 697 ADPIA clients in 2022 that use ADP’s Pay-by-Pay® Premium Payment Program to calculate and process their workers’ compensation premiums.

The carrier will send you a renewal policy packet in the mail. Please review the policy thoroughly to ensure all information is accurate and correct. If you have questions regarding your policy renewal, our client service team will work together with you on your renewal. So, a new or changed location, or even a closed location, must be added or removed from your policy so that your insurance coverage and premiums are accurate and up-to-date.

Once the appropriate paperwork is completed, employers must submit the claim, including supporting documents. After the claim is filed and approved, compensation is promptly paid to employees, allowing them to focus on recovery. They are allowed to return to work at their own pace, ensuring a smooth transition back into their roles with minimal disruption. To thrive, your business needs to attract and keep the best and brightest employees. ADP and its affiliates have got your back with standout benefits like retirement plans and group health insurance, as well as benefits administration and business insurance.

It's important to consult a licensed insurance agent to discuss unique coverage options that are most appropriate for your business. This may include cyber, commercial flood, employers professional liability insurance and others. Of clients prefer having their workers’ comp premium payments spread across their payroll cycle (vs. having an upfront deposit). Trusted by businesses nationwide, we provide insight, advice and support to help you find the workers' compensation, business and group health insurance for your business and employees.