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Serving San Diego and the surrounding areas
Workers’ comp policy premiums (annual cost) are calculated based on your business’ payroll expenses each year.
Traditionally, these plans required estimating your annual payroll expenses and paying a 20% downpayment and monthly installment payments based on this estimate.
Your insurance provider would then reconcile the difference between the estimated pricing and your final audited premium.
That large up-front cost is a substantial burden for many small businesses that manage their cash flows carefully, and estimated payroll can vary dramatically from the final cost, creating underpayment and overpayment headaches.
Pay-as-you-go worker’s comp is an incredible innovation to this dated system.
Pay-as-you go relies on real-time payroll numbers to calculate monthly workers’ comp premiums per pay period, resulting in more accurate premium payments. This means smoother cash-flow management, less risk of paying too much or too litle throughout the year, and much more predictability for the business owner.
It just makes sense.
It’s the same great workers’ compensation insurance with an easier, faster, and more affordable structure.
Marvel Insurance carries the top national and regional insurance providers to find a plan that fits your business and your budget:
When it comes to worker’s compensation near San Diego, Marvel Insurance has the options, prices, and flexibility to fit your business’ needs.
If your employees are injured or become ill from their job, these benefits are intended to help cover medical expenses, provide disability benefits, replace most of their lost wages if they take time off of work to recover, and more.
California law requires all businesses to carry worker’s compensation insurance, but not every company does.If your employees are injured at work and you don’t have worker’s compensation insurance, you could lose hundreds of thousands of dollars in lost wages and lawsuits. You could also be fined a minimum of $10,000, face imprisonment for up to one year, or both.
We can help you find the right policy for your business needs at a price that fits within your budget.
Worker’s compensation insurance is mandatory in the state of California, and Marvel Insurance has covered thousands of small businesses with fast, affordable, and high-quality workers’ comp.
Whether you’re a small business or a large employer, you need peace of mind that your business is covered.
If you’re looking for workers’ compensation insurance, we’ve got great options:
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License Number: 0L12495