How to get workers’ compensation insurance for your business
Getting workers’ compensation insurance is an important step in protecting your employees and complying with state and federal laws, but the process isn’t always straightforward.
Coverage requirements vary by state, industry, and business size, and factors like job classifications, payroll, and risk exposure all influence how your coverage is structured and priced. That’s why choosing the right insurer matters.
At Sentry, we can help you navigate state rules, assess your risks, and design a policy that fits the way your business operates. Contact us to get started.
Steps to getting workers’ compensation insurance
Understand your state’s rules
Each state regulates workers’ compensation differently. Many require coverage as soon as you hire your first employee, while others allow certain exemptions or have thresholds. Four states—Ohio, North Dakota, Washington, and Wyoming—have monopolistic systems and require employers to purchase workers’ compensation through a state fund.
Understanding your state’s specific requirements is the first step in determining where and how to get coverage.
Gather your business information
Before you request a quote or connect with an insurer, gather the information the insurer will need. This typically includes, but isn’t limited to:
Your total payroll
Number of employees
How each employee is classified based on their job duties
Claims history
States and worksites where your employees operate
Contact a workers’ compensation provider
Because workers’ compensation requirements and pricing depend on so many variables, working with an experienced insurance company can make the process much easier.
And having key information ready when you meet will help them assess your risks accurately and work with you to build a policy that aligns with your business needs.
Where to get workers’ compensation insurance
In most states, workers’ compensation insurance can be purchased from private insurers. In monopolistic states, coverage must be purchased directly from the state fund.
You can often choose to work directly with a provider, or with an agent or broker who can provide guidance, simplify the application process, and help ensure your coverage makes sense for your operational risks and long-term needs.
Related resources
What is workers’ compensation?
Get a clear overview of how workers’ compensation works, what it covers, and why it’s essential for protecting both employees and your business.
What does workers’ compensation cover?
Explore the medical, wage replacement, and recovery benefits workers’ compensation can provide your employees after a workplace-related injury or illness.
What is employer’s liability insurance?
Learn how employer’s liability insurance can help protect your business from lawsuits related to workplace injuries that fall outside traditional workers' compensation coverage.