Rhode Island Workers' Compensation Insurance

Protect your business and employees with Rhode Island workers' comp

Rhode Island workers' compensation insurance provides medical and financial assistance to employees who experience job-related injuries or illnesses. From the city of Providence to the historic town of Bristol, this coverage protects your team and helps you meet state requirements.

Start an online quote or talk to a Progressive Commercial agent to find a policy.

Who needs workers' compensation insurance in Rhode Island?

Nearly all employers in Rhode Island must have workers' compensation insurance, with only a few exceptions. This requirement ensures that employees in all industries are protected and eligible for benefits.

You can review Rhode Island workers' comp laws to learn more.

Rhode Island workers' compensation insurance exemptions

Rhode Island workers' compensation exemptions include:

• Sole proprietors
• Independent contractors
• Some real estate, farm, and domestic workers

Review your licenses and contracts for coverage needs and reach out to an expert if you have questions.

What are the penalties for not having workers' comp in Rhode Island?

Potential penalties for not having workers' comp in Rhode Island include fines and criminal charges. Make sure you have the coverage you need to avoid these risks.

How much does workers' comp cost in Rhode Island?

In the state of Rhode Island, workers' compensation costs depend on factors like:

• Job classification code: Rhode Island assigns workers' comp class codes to jobs according to their risk.
• Payroll: Premiums are based on payroll size, so bigger companies often pay more for insurance.
• Claims history: A larger number of claims could increase the price of your policy.
• Insurance carrier: Carriers have unique methods for calculating Rhode Island workers' compensation rates.

How can you get workers' comp in Rhode Island?

You have a few choices for getting workers' compensation insurance in Rhode Island:

• Private insurers: Many businesses prefer private insurers for workers' comp because they offer reliable policies at competitive rates.
• Self-insurance: Employers can save money when they get coverage through Rhode Island's Workers' Compensation Self-Insurance Unit, but they'll need to manage their own financial risks.
• Insurer of last resort: The Beacon Mutual Insurance Company offers workers' comp coverage to employers who can't get it another way due to their risk. This guarantees that all companies can access the coverage they need.

Exploring these coverage options can guide you to the right policy. If you have questions, call one of our specialists or start an online quote.

How does workers' comp work in Rhode Island?

Workers' comp supports employees with workplace accidents. After an employee reports an incident, the employee or employer can file a claim. If approved, the employee receives financial assistance.

Rhode Island workers' compensation benefits can cover:

• Medical expenses
• Disability benefits
• Lost wages
• Rehabilitation costs

Workers' comp also reduces legal risks for businesses. Employees who accept a Rhode Island workers' compensation settlement usually can't sue, but this insurance helps manage costs if they do.

Rhode Island workers' compensation death benefits

Families of deceased employees are entitled to workers' comp death benefits in Rhode Island. They can include weekly payments. There are special rules for spouses and children under 18.

Rhode Island workers' compensation statute of limitations

Employees must file a workers' comp claim within two years of their injury. To meet the Rhode Island statute of limitations, remind your team to report incidents as soon as they happen.

Why choose Progressive Commercial for Rhode Island workers' comp

Progressive Commercial is focused on protecting your business with customized insurance solutions that prioritize your needs and drive growth.

Speak with an agent or start an online quote to find the right Rhode Island workers' comp coverage.