How Much Does Workers' Compensation in Illinois Cost?
The cost of workers’ compensation for Illinois small businesses depends on several factors. The size and location of the company, the specific industry, coverage limits and the various risks facing the employees all have an impact on the cost of coverage.
Additionally, businesses with safe workplaces could see an experience modifier, the connection between their workplace injury loss and workers’ comp costs, that is better than average. Insurance companies use experience modifiers to help determine workers’ compensation premium costs, and companies with lower risk will generally have a lower premium.
To get a quote, connect with an AmTrust-appointed agent today.