If you need state-mandated workers' compensation insurance in Loveland, Eaton, and Northern CO, turn to Welsh Insurance Agency, Inc. We'll help you determine the amount of coverage you need based on a variety of different factors.
The three main rating factors our insurance agents will look at are:
- Payroll-the actual payroll for each class used
- Employee job classification-carpenter, plumber, engineer or office worker
- The inclusion of leadership-if owners or officers are included on payroll and in coverage
Payroll charged for an owner in 2020 in Colorado is $58,400. This can add significantly to your rates. Despite this, we can help you find a low-cost way to make sure you're covered.
Keeping your employees covered with workers' compensation insurance isn't just a good idea-it's the law. Contact us today to ensure your employees' protection!