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Why is Workers’ Compensation a Must for Rental Property Owners?

By October 22, 2021October 27th, 2021Millers News

Rental property owners today face many risks and exposures that are not covered in businessowners’ policies, which accounts for millions of dollars in uninsured claims each year. One of those coverage gaps tends to be Workers’ Compensation.

Even in the most well-run business enterprises, workers get injured – it’s just a fact of business life. Workers’ Compensation insurance provides coverage for medical expenses, lost wages, vocational rehabilitation, and death benefits when employees are injured, disabled or made ill as a result of work duties conducted on behalf of their employer.

Fortunately, we’ve partnered with Eastern Alliance Insurance Group, A.M. Best Rating A (Excellent) to provide Millers Mutual customers with greater underwriting expertise, pricing acumen and industry-leading claims and risk management services to our PA, MD, DE, VA, and NC agents for Workers’ Compensation Insurance. Don’t let your multifamily housing clients be too quick to dismiss Workers’ compensation insurance at your next BOP renewal. Help your client stay in business by recommending a workers’ compensation policy today.

For more information, please contact Stuart Cohen, Agency Sales and Relationship Leader at Millers Mutual Insurance at scohen@millersinsurance.com or visit our website at https://millersmutualgroup.com/products/workers-compensation/.

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