Vermont Workers' Compensation Insurance

Protect your business and employees with Vermont workers' comp

In the state of Vermont, workers' compensation insurance assists employees who experience job-related injuries or illnesses. This coverage helps businesses follow the law and protect their workforce.

Start an online quote or talk to a Progressive Commercial agent to learn more about workers' comp in the Green Mountain State.

Who needs workers' compensation insurance in Vermont?

According to Vermont workers' comp laws, employers with at least one employee must provide coverage. Companies outside Vermont that do business in the state also need insurance.

Vermont workers' compensation insurance exemptions

While most businesses require coverage, there are some exemptions to Vermont workers' compensation rules like certain subcontractors and independent contractors.

To avoid potential issues, it's a good idea to confirm your exemption status with a professional. For more information, you can review Vermont's fraud prevention guide.

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

Without workers' compensation insurance in Vermont, employers can face daily fines up to $150 and may have to stop work.

You can review Vermont's workers' comp penalties for more information.

How much does workers' comp cost in Vermont?

Vermont workers' compensation rates are based on these factors:

• Job classification code: Workers' comp class codes categorize jobs by risk level, so safer industries usually pay less for coverage.
• Payroll: Insurance costs are based on every $100 of payroll, leading to higher premiums for bigger companies.
• Claims history: More claims can lead to increased rates over time, since insurers expect future claims to be filed.
• Insurance carrier: Prices vary by insurance provider because each uses different ways to set costs.

How can you get workers' comp in Vermont?

There are a few ways to get workers' compensation insurance in Vermont:

• Private insurers: Businesses often choose private insurers because they can offer customized policies and discounts.
• Self-insurance: Employers may be able to lower costs by applying for self-insurance through the Vermont Department of Labor, but they'll assume all financial risks.
• Assigned risk pool: If a company can't find coverage, they can secure a policy through the National Council on Compensation Insurance.

Start a free quote or call a Progressive Commercial specialist to learn more about your options and find the right coverage.

How does workers' comp work in Vermont?

Vermont workers' compensation helps people recover from occupational accidents. Once an incident is reported, either the employee or employer can file a claim. If approved, the employee will receive benefits that cover:

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

This insurance also protects businesses by reducing the risk of lawsuits. Employees who accept a Vermont workers' compensation settlement usually can't sue. But if they do, this insurance covers legal costs.

Vermont workers' compensation death benefits

Families of deceased employees can qualify for workers' comp death benefits in Vermont. Dependents can receive 67% to 77% of their weekly wage to help ease financial stress.

Vermont workers' compensation statute of limitations

The Vermont statute of limitations requires employees to file a workers' comp claim within six months after an injury. Tell your team to report incidents promptly to meet this deadline and get the help they need.

Why choose Progressive Commercial for Vermont workers' comp

Progressive Commercial is dedicated to helping employers protect their business and find the right insurance. We support growth by offering personalized solutions that address your unique needs and keep you safe.

Contact an agent or get an online quote to find workers' comp insurance in Vermont.