Tips for Avoiding Common Workers’ Compensation Pitfalls

14 Mar Tips for Avoiding Common Workers’ Compensation Pitfalls

Don’t make these workers’ compensation mistakes that could cost you.  

As a business owner, you are responsible for securing the right workers’ compensation insurance to protect your staff and fulfill your state’s minimum coverage requirements. What’s more, it’s your duty to manage workers’ compensation claims in a timely, transparent, and fair manner. Due to the busy lives that business owners lead, this may not always be the case. To protect your business and avoid costly mistakes, take a look at these common workers’ compensation pitfalls to avoid.

Failing to document the incident

Even if it was a minor fall, it’s important to document the incident well in case the employee later decides to file a claim. Documenting incidents allows you to identify which workplace processes or tasks cause the most injuries and it ensures that you have necessary documents on hand if they are needed for future use.

• Not securing witness statements

If an employee claims they have been injured on the job, it’s critical that you secure statements from those who witnessed the incident. All witnesses should be documents and their statements written up so that you have a couple of different views of what happened. This enables you to corroborate the injured employee’s story and could reveal inaccuracies in their account.

These are some of the common workers’ comp mistakes that you should avoid.  Do you have additional concerns regarding your business’s workers’ compensation insurance?  If so, then contact the experts at Dougherty Insurance. We want to make sure that you have the coverage you need – it’s our job to help you! Contact us today for unparalleled insurance in Illinois, Wisconsin, and Indiana.