About Workers' Compensation Insurance
What is Workers' Compensation?
Workers' Compensation provides coverage for employees who suffer work-related injuries or illnesses. It pays medical expenses, lost wages, and rehabilitation costs — and protects employers from related lawsuits. In Virginia, most businesses with employees are required by law to carry it.
What Does It Cover?
A standard policy provides:
- Medical expenses for work-related injuries and illnesses
- Lost wage replacement while the employee recovers
- Rehabilitation and physical therapy costs
- Permanent disability benefits
- Death benefits for families of employees killed on the job
- Employer's liability protection against employee lawsuits
Why It Matters
A workplace injury without proper coverage can be financially devastating. Workers' Compensation provides peace of mind for both employers and employees and shields your business from the full financial burden of an accident.
Virginia law requires businesses with two or more employees — full-time or part-time — to carry Workers' Compensation insurance. Non-compliance can result in serious penalties.