Save time, money and get peace of mind with a professional Workers Compensation Insurance quote from TCS Insurance Brokers.
We take a different approach than many when it comes to Workers Compensation insurance. Making it easy by asking all the right questions up front. Then doing all the work in finding you the perfect program to meet your current financial needs. As your business evolves we will be right there with you to provide you the most cost effective solutions that will help your bottom line while protecting you!
What’s the advantage of using a commercial insurance broker?
Let’s start by being blunt here and saying it how it is, Insurance is meant to be difficult!
A broker likes us will help you maneuver through the obstacles and pitfalls the insurance companies set up for businesses like yours. TCS Insurance Brokers is here to coach you from start to finish and help you get ahead safe & financially sound!
- We break things down and make them simple to understand.
- We compare multiple insurance companies to make sure you get the best commercial coverage at the budget you set.
- We use our vast knowledge of the internal workings of each company’s claims practices to help you stay ahead.
Is there zero down payment workers comp?
Absolutely! We offer workers compensation policies that don’t require an initial payment when you sign up for payroll reporting (pay-as-you-go/pay-as-you-owe). – $0 to start!
We also offer 12, 10 month installment plans that can be adjusted based on your starting payroll figures. Both options help you keep your cash flow by minimizing the amount of premiums you pay.
What are coverages and limits I should be looking for in a workers comp policy?
Coverage limits refer to the maximum amount the insurance company is obligated to pay on your behalf for an injury you or your employees sustain.
California requires a minimum of $1,000,000 per claim/injury and it’s a no fault State. Meaning that you are legally obligated to pay for any injury sustained by an Employee, Volunteer, Helper or any Non-Owner. Regardless if they got hurt on purpose or not.
What is a waiver of subrogation in a workers comp policy?
Most contracts will require that you carry a Waiver of Subrogation in favor of who is holding the work contract. A Waiver in a Workers Compensation policy prevents your insurer from suing the contract holder for injuries paid. Without a waiver, your insurance company can technically sue (subrogate) against the contract holder, property owner or their insurance for every dollar they paid on your WC Claim.
Workers comp is rated based on your payroll. You are charged a small percentage for each dollar you pay your employee. The percentage charged is based on how risk the job is. The state provides classification codes for each line of work and it is our job to rate you properly based on your operations. The state then monitors your policy history and provides credits or debits depending on Premiums Paid, Longevity without coverage gaps and how you compare in Safety to the rest of the business operations out there.
Yes, a new business can get affordable WC coverage when you work with a reputable agency like us.
When new, many business end up in the secondary market. Where an agent puts you through a wholesale broker and you pay ridiculous fees.
With TCS Insurance Brokers you will be placed with direct companies that don’t charge you intermediate fees!
Yes, any business can have a workers comp policy in place even without employees. The only issue is that these “ghost” or no employee policies are designed to be temporary.
A business without employees should be ready to move to the appropriate WC policy before the first employee is hired. Not having this plan in place will cause you to be rated at the highest levels because temporary no employee workers comp policies are geared for businesses without any workers.
TCS Insurance Brokers is all about being ready for what’s next! If you purchase a ghost policy from us, we will have a normal workers comp policy ready to go for when you actually have workers. Helping you avoid fees and over charges!
When you buy insurance you sign to have an audit performed by the insurance company or a third party hired by the insurer. At which time you are to let them see your books and verify that they rated you correctly. The audit will reveal if you were rated for the correct amount of payroll. If you were over charged you will see a credit or refund. If you were undercharged because you under-reported or under-estimated, you will be billed.
One thing that can sometimes be missed, is the classification codes. Audits are there to make sure you paid the right amount of premium based on the payroll being insured for. The audit may end up missing the fact that you are being rated incorrectly and this type of error can cause you to be denied a claim at a later date. – This is why it’s dangerous to buy your insurance direct without the help from a licensed and tenured insurance professional.
The cost for Workers Compensation insurance is the same whether you do it yourself or you use professional help.
The biggest difference is that you are more inclined to make mistakes when you buy direct. The algorithms will push you to choose options that benefit the insurance company and not you. Which may make the price more appealing, but buying through a licensed insurance professional is the same cost and it actually helps you by making someone other than yourself responsible.
– Remember, insurance is a contract made by the insurance company and when you remove paragraphs, clauses and wording that is beneficial to you, the price goes down. Because you are essentially making it easier for the insurer to walk away from paying a claim.
Does it matter who handles the insurance for the place where you make your livelihood? Absolutely!
Our commercial insurance department is run by our very own agency owner. Domingo Ramos, “Mr. TCS” himself, who’s helped launch several successful businesses in the past 20 years and who makes sure we are appointed directly with companies like Hartford, Nationwide-Allied, Chubb, Stillwater-Fidelity, Guard, Travelers, Liberty, Mercury, Omaha, PIE and Kemper to just name a few. Someone who’s been successful at running this business for over 18 years, who understands the day to day struggles a business owner goes through and who’s done it, seen it and survived it.
In our group we also have Marlon Call, “The Insurance Cowboy” with over 30 years under his belt, handling ranching, manufacturing, engineering and pest control risks in Nevada & California. To Nelia Tabasa, who oversees Filipino small business new venture operations in the California Central Valley.
We also have a complete service department that’s eager and ready to handle all the day to day certificate of insurance and billing requests. – What are you waiting for? Give us a call or send us a text! (209)207-0577
TCS Insurance Brokers is all about offering the best choices to our valued clients.
Clients that work openly with us receive the best we have to offer. Let us help you, be open and honest about your concerns, your business operations and your needs. We will out perform any competitor on any given day for the right client!
¡Claro que si!
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