Workers’ Compensation Insurance

Take the work out of workers' compensation


Protect Your Business and Employees with Quality Workers’ Compensation Solutions 

Whether your state requires workers’ compensation insurance or you want to take out a WC insurance policy without being required to do so, Exact can help. 

Our leading workman’s comp solution can help protect your business and your most valuable assets — your employees — in the event of a workplace incident. Our solution streamlines the WC insurance process with instant quotes, pay-as-you-go billing, expert guidance, and risk management support.

Our Workers’ Compensation Solutions

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Ease Cash Flow

Worried about costly upfront premium deposits? No problem! With our pay-as-you-go program, you get a more efficient way to pay. No premium deposit required. Payments are calcualted and paid with every payroll. The calculation is based on your actual payroll and carrier rates. This helps manage cash flow, planning and budgeting. You will never again be suprised with large payments due after your annual audit.

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Obtain the Best Terms

Exact helps you find the best coverage options that are right for your business. We work with mulitple insurers, agents and state backed agencies to guaranatee you get the best rate and terms available for your needs.

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Expert Guidance

When you work with Exact, you get knowledgeable support and guidance from our team of licensed insurance experts. We’ll help you with all of your workman’s compensation insurance needs, from finding the right coverage to audit support. Our goal is to help you eliminate costly errors and overpayments by ensuring you don’t pay more in premiums than you need or are required by law.

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Risk Management Support

Our risk management support team offers guidance on ways you can reduce the likelihood of costs associated with workplace incidents and injuries. We help our clients implement risk management processes and policies.

Get A Free, No-Obligation Workers’ Compensation Quote

Get A Quote Today. 

Why You Need Workers’ Compensation Insurance

Why? It’s simple:

Most states require businesses to carry WC insurance, and even if they don’t, workman’s comp insurance can go a long way toward protecting your business and your workers, not to mention saving you money. 

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Without workers’ comp coverage, you could face serious liability issues when an employee gets injured on the job. Without insurance, you could end up having to pay your employees’ medical bills and lost wages out of pocket, as well as any legal expenses associated with the workplace incident claim. 

While a minor workplace injury might not cost you much, an accident resulting in severe injuries or where more than one worker gets hurt could financially devastate your business. So whether your state requires workman’s compensation insurance or not, it’s more than worth considering. 

Talk to Us.

Get in touch with one of our Payroll and HR experts who knows their stuff and will give it to you straight.

  • Compare software and systems
  • Get a price quote 
  • Let us answer your questions

Ensure Your Business and Employees Are Protected with Exact

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Here’s What Our Customers Say

The personal service provided makes me feel like I am their most valued customer

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Jonathan Wallace

Sample Company Ltd

The personal service provided makes me feel like I am their most valued customer

Integer condimentum ante ut odio aliquam, non dignissim dui condimentum. Sed non arcu dui. Proin a pharetra leo, quis fermentum purus. Nunc at nisi ipsum. Proin volutpat quis dolor eget lacinia. Interdum et malesuada fames ac ante ipsum primis in faucibus.

Jonathan Wallace

Sample Company Ltd

The personal service provided makes me feel like I am their most valued customer

Integer condimentum ante ut odio aliquam, non dignissim dui condimentum. Sed non arcu dui. Proin a pharetra leo, quis fermentum purus. Nunc at nisi ipsum. Proin volutpat quis dolor eget lacinia. Interdum et malesuada fames ac ante ipsum primis in faucibus.

Jonathan Wallace

Sample Company Ltd

The personal service provided makes me feel like I am their most valued customer

Integer condimentum ante ut odio aliquam, non dignissim dui condimentum. Sed non arcu dui. Proin a pharetra leo, quis fermentum purus. Nunc at nisi ipsum. Proin volutpat quis dolor eget lacinia. Interdum et malesuada fames ac ante ipsum primis in faucibus.

Jonathan Wallace

Sample Company Ltd

Workers’ Compensation FAQs

  • Worker compensation insurance or workman’s comp insurance, is a type of insurance coverage for businesses if one (or more) of their employees suffers a work-related injury or illness. This type of coverage serves two functions:

    The first is compensation insurance for workers when they require medical care and time off work for their workplace injury or illness. This ensures their necessary medical bills are covered and compensates them for missed wages while they are recovering. 

    The second function is liability coverage. When your employees agree to the workers’ comp coverage, they are also agreeing to waive their right to sue your company as a result of their workplace injury. 

  • Generally, the workers' comp insurance process works as follows:

    1. After the incident, the employee must communicate with HR about their injury or illness so an official report can be filed. 
    2. The employee will then need to see a doctor, who will fill out a medical report and send it to the employer. 
    3. The employee or their employer will then officially file a workers’ comp claim with their insurance. 
    4. Once the claim is processed and approved, the employee will receive their workers’ comp benefits, such as wage replacement and coverage for medical bills.
  • Most businesses are required by law to carry workers’ compensation insurance as soon as they hire their first employee. However, the specifics can vary by state. Failure to comply with these laws can result in penalties, such as criminal charges, fines, and even jail time. 

  • Insurance for workers’ comp provides benefits to employees who become injured or sick due to a work-related incident. These benefits can include:
    • Wage replacement
    • Coverage of medical bills
    • Disability benefits
    • Death benefits
  • Sometimes, a workers’ compensation claim may be denied if it does not meet certain criteria. Situations where workers’ compensation coverage does not apply can include:
    • Intentional acts that caused an injury
    • Illegal acts that caused an injury, such as using drugs or alcohol at work
    • Injuries or illnesses that do not occur on the job
    • When an employee’s conduct violates company policy
    • If an employee instigates violence
    • If an employee purposely avoids following proper protocols

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