Kentucky law is pretty clear. If you have one or more employees, you are required to obtain workers’ compensation insurance to pay medical benefits and lost wages if an employee gets hurt on the job. The average cost of a workers’ compensation policy in the state is $1 per $100 of payroll––that’s across all industries.
Shopping for insurance can be tricky because some carriers prefer certain industries over others, so pricing is all over the place. CommercialInsurance.net makes things super simple by taking one application from business owners and then pairing them with the right carrier. As an insurance marketplace that’s partnered with more than 200 of the nation’s best carriers and brokers, CommercialInsurance.net makes it easy to shop for the best rates.
