Workers' Compensation Insurance
• Workers’ Compensation Insurance covers the cost of medical care and compensation for lost income to employees who suffer an occupational disease or injury while at work.
• Find the coverage your business needs from carrier partners to protect you and your employees with the help of licensed agents.
• Get smart, strategic guidance for your growing business.
• Obtain resources that can help you make sense of the changing Workers’ Compensation landscape.
• Gain access to ADP’s Pay-by-Pay® Premium Payment Program for Workers’ Compensation and pay premiums during payroll.
• Workers’ Compensation laws and requirements vary state to state.
ADP’s Pay-by-Pay Premium Payment Program for Workers’ Compensation
• You can use your ADP Payroll data and carrier rates to calculate and pay Workers’ Compensation premiums directly to your carrier.
• No upfront premium deposit is required * .(*While premium deposits may be eliminated by most carriers, mandatory state assessment fees may be required by some states.)
• Premium payments are based on actual, not estimated, payroll data and carrier rates, and help minimize over or underpayments at your year-end audit.
• Payments are spread over your company’s payroll cycles, so you know what to expect and when.
Business Owner's Policy (BOP)
• BOP bundles property and general liability coverage into a single policy.
• BOP enables you to purchase a broad range of coverage at a cost that is typically lower than if you purchased each form of coverage separately.
• Coverage can be tailored to your particular business needs.
• Coverage can be designed specifically for small to mid-sized businesses.
• Protects against general liability, fire, theft and lawsuits.
A Business Owner’s Policy typically offers the following:
• Property Insurance
• Covers structures and permanently attached equipment that your business owns or leases.
• Can protect business property, such as machinery and raw and completed products.
• Can provide business interruption coverage, which helps protect your business in the event of a natural disaster.
• General Liability
• Protects against third-party claims for property damage or bodily injury due to operations on your premises or products liability.
• Can cover the cost of your legal defense and any settlement or award should you be successfully sued.
• Can protect against your liability as a tenant if you cause damage to a property that you rent.
• Can cover claims of false or misleading advertising, including libel, slander, and copyright infringement.
A Business Owner’s Policy typically offers the following:
- Property Insurance
- Coverage for s structures and permanently attached equipment that your business owns or leases.
- Can protect business property, such as machinery and raw and completed products.
- Can provide business interruption coverage, which helps protect your business in the event of a natural disaster.
General Liability
• Helps protect against third-party claims for property damage or bodily injury due to operations on your premises or products liability.
• Can cover the cost of your legal defense and any settlement or award should you be successfully sued.
• Can protect against your liability as a tenant if you cause damage to a property that you rent.
• Can cover claims of false or misleading advertising, including libel, slander, and copyright infringement.
Commercial Auto Insurance
• Covers liability risks that come from owning or operating vehicles for your business.
• Includes coverage for your business if it owns, leases or rents vehicles.
• Covers employees who drive company-owned, leased or rented vehicles.
• Includes coverage for employees who drive their own vehicles while conducting business.
• Covers employees who drive company cars for both business and personal use.
Umbrella Policy
• Provides additional financial coverage for liability claims beyond the limits of business, auto, general liability or employers' liability insurance policies.
• Offers extra coverage against bodily injury and/or property damage.
• Offers asset protection for personal property and secondary income sources.
• Can protect your organization from devastating unforeseen financial losses.
• Can cover your business against major claims and lawsuits.
• Could protect your assets.
• Can include coverage for defense costs.
• Can cover extra equipment, real estate, and other valuable business replacement or repair coverage.
State Disability Insurance
• State Disability Insurance provides temporary cash benefits to an eligible wage earner disabled by illness or injury that occurs outside of work.
• Provides temporary cash benefits to eligible wage earners if the earner becomes disabled due to pregnancy.
• Disability benefits include cash payments only – employers and insurance carriers are not responsible for medical care.
• You or your organization can incur penalties by not securing disability coverage.
• Leveraging the knowledge and experience of ADPIA can help you in your efforts to be compliant.
• For example, if you are a New York-based employer or have employees based in New York, you are required to provide disability benefits to all eligible employees.
Customer Service & Support
• Dedicated, licensed representatives available M-F from 8:30AM-8:00PM EST.
• Certificate of insurance requests can be filled during business hours .
• With the self-service Certificates of Insurance tool, you can create, update, renew and retrieve certificates of insurance directly from your RUN Powered by ADP® account.
• Bilingual support available on our language line.
• Resources like live and on-demand webinars, breaking news alerts and our monthly e-newsletter Inside Coverage help you stay connected and informed.
Legal Disclaimer
Automatic Data Processing Insurance Agency, Inc. (ADPIA) is an affiliate of ADP, Inc. All insurance products will be offered and sold only through ADPIA, its licensed agents or its licensed insurance partners; One ADP Blvd. Roseland, NJ 07068. CA license #0D04044. Licensed in 50 states. Certain services may not be available in all states with all carriers. Some carriers may charge an additional fee for services. Clients must be using ADP’s tax filing service to take advantage of Pay-by-Pay. This information is not intended as tax or legal advice. If you have any questions, contact a tax or legal professional. The ADP logo, ADP, ADPIA, Pay-by-Pay, RUN Powered by ADP, and Workforce Now are registered trademarks of ADP, Inc. All other trademarks are the property of their respective owners. Copyright © 2023 ADP, Inc.