Workers Comp Insurance: What Every Employer Needs to Know

Whether you operate a small retail shop, manage a construction crew, or run a growing service-based business, having the right protection in place for your employees is essential. That’s where workers comp insurance comes in.

🔍 Why Workers Comp Insurance Matters

Workers comp insurance provides wage replacement and medical benefits to employees who suffer job-related injuries or illnesses. In New Jersey and most other states, it’s not just a smart move—it’s the law. Failing to carry proper coverage can result in severe penalties, lawsuits, or even forced business shutdowns.

But beyond legal compliance, workers comp insurance is a key part of risk management. It helps you safeguard your workforce and your business from the financial fallout of workplace injuries.

🛡️ What Does Workers Comp Insurance Cover?

A well-structured policy typically includes:

• Medical Expenses – From emergency room visits to rehabilitation services

• Lost Wages – Partial income replacement during recovery

• Disability Benefits – For temporary or permanent impairments

• Employer Liability – Legal defense and settlements if you’re sued over an injury

• Death Benefits – Compensation for dependents in the case of fatal workplace accidents

⚠️ Avoid These Common Workers Comp Mistakes

At LG Insurance, we frequently uncover the same issues that cost business owners thousands:

• Misclassified employees or incorrect job codes

• Overlooked payroll details like overtime or tips

• Incomplete audit documentation

• Relying on third-party processors without review or oversight

Many businesses pay more than they should—or worse, face claim disputes they could have avoided with the right setup.

📈 Why Choose LG Insurance for Workers Comp Coverage

At The Luxury Group, we go beyond the policy. We help you actively manage your workers comp insurance from start to finish. That includes:

• Matching job descriptions to proper class codes

• Preparing and reviewing audit documentation

• Offering pay-as-you-go billing to support cash flow

• Advocating for accurate, fair premiums based on your real exposures

We serve clients across New Jersey in industries like hospitality, construction, healthcare, retail, and more—each with tailored coverage solutions.

📞 Stay Protected. Stay Compliant. Stay Ahead.

Let The Luxury Group take the guesswork out of workers comp insurance. Contact us today to review your policy and make sure your business—and your team—are fully protected.