Tennessee Workers' Compensation Insurance
/Protect Your Business with Workers' Compensation Insurance
At Hooper Insurance, we work with multiple A-rated (A+ or better) insurance carriers to help you find the best combination of price, coverage, and value. Whether you're looking for a standalone Workers' Compensation (WC) policy or a bundled package that includes General Liability, Commercial Auto, and Inland Marine, we'll help you find coverage tailored to your business.
Why Workers' Compensation Matters
Workers' Compensation insurance is one of the most important coverages a business can have when employing workers or using subcontractors. Without a properly written Workers' Compensation policy, your business could be financially responsible for medical expenses, lost wages, legal costs, and other damages resulting from a workplace injury.
With the average Workers' Compensation claim or settlement ranging from $2,000 to $40,000—or even higher for serious injuries—it's a risk we encourage our clients not to take. A single workplace accident can create a significant financial burden and, in some cases, threaten the future of a small business.
Having Workers' Compensation coverage not only protects your business but also ensures your employees receive the medical care and wage replacement they need if they're injured on the job. Bills don't stop because someone gets hurt, and neither should your business.
Should Business Owners Be Covered?
One of the most common questions we receive is whether business owners should be included on a Workers' Compensation policy.
The answer depends on your industry and the role you play in your company's daily operations. Many business owners—especially contractors and those working in the field—choose to exclude themselves from coverage to reduce premiums. However, if you're actively involved in the day-to-day operations of your business, you should carefully consider the benefits of being covered.
If you're injured and unable to work, Workers' Compensation may provide income replacement while you recover, helping you continue meeting financial obligations and keeping your business running. Since every business is different, we'll help you evaluate your specific situation and determine the best option for your needs.
Let Hooper Insurance Help
Whether you've carried Workers' Compensation insurance for years or you're requesting your first quote, Hooper Insurance is here to help.
Insurance can be complicated, but it doesn't have to be confusing. Our team takes the time to explain your coverage, answer your questions, and help you make informed decisions that protect your business, your employees, and your future.
Contact Hooper Insurance today to compare coverage from multiple A-rated carriers and let us help you find the right Workers' Compensation policy at a competitive price.
THE WORKER’S COMP. BASICS:
Coverage Limit Options:
$100,000 / $500,000 / $100,000
$500,000 / $500,000 / $500,000
$1,000,000 / $1,000,000 / $1,000,000
(***we never suggest taking the lowest limits***)
What do these limits cover?
____1____ / ____2____ / ____3____
1. (Per Accident Limit (Bodily Injury by Accident) - The max amount paid for all injured employee in a single accident)
2. (Policy Aggregate Limit (Bodily Injury by Disease) - The max amount paid for all employee disease claims combined during the entire policy term)
3. (Per Employee Limit (Bodily Injury by Disease) - The max amount paid for damages related to an occupational disease for any single employee)
