There is plenty to see and do in Nevada, and it is also an amazing place to live. There are so many thrilling experiences and entertainment options available in Las Vegas that it captures the attention of visitors and residents alike. The city is the capital of tourism, conventions, meetings, and special events, but it also offers a variety of recreational opportunities throughout the year.
The glitter and glitz of Las Vegas often overshadow Nevada's stunning landscapes. It is a city you will not want to miss, but Nevada is also filled with stunning natural attractions, scenic drives, and small towns to explore.
Businesses and industries benefit from its low-regulation climate, streamlined licensing and approval processes, and favorable tax environment. Economic development is supported by Nevada’s skilled workforce, education, and infrastructure.
If an employee in Nevada suffers an injury at work, they can be protected by a comprehensive workers' compensation policy.
Importance of Nevada Workers’ Compensation Insurance
Stampede Insurance Services knows how important it is to have a protected workplace in order to feel secure and at ease. Worker's compensation insurance provides employers with the protection they need to ensure a safe workplace for their employees.
A comprehensive workers' compensation claim is a legal requirement for businesses and independent contractors to protect their workers against unpredictable occurrences that warrant liability. In the event of a workplace injury or illness at work, workers' compensation insurance covers medical expenses and lost wages.
If an employee is injured on the job, workers' compensation policies protect the employee from hospital bills and lawsuits related to the injury. You may be held responsible for medical bills and lost wages for your injured workers if they suffer a work-related injury or illness without coverage.
Although workers' comp laws vary by state, most small businesses require a policy after hiring their first employee. Depending on the state laws, the regulation requires employers to have one of these workers' compensation programs in place.
What Do Nevada Workers' Compensation Benefits Cover?
Based on your coverage and different requirements, workers’ compensation insurance can cover a variety of expenses if your injured employee suffers an injury or illness at work, including:
- Medical benefits
- Payback of lost wages
- Costs of ongoing care
- Funeral expenses
- Death benefits
Unemployment benefits are generally not available during this time. Your employee won't be able to receive workers' compensation benefits if they get hurt or sick outside of work.
Additionally, if an employee acquires work-related injuries while intoxicated, or if the employee intentionally hurts themselves, coverage may not be available.
We’ll Help You Cut Your Insurance Costs!
In Nevada, workers' compensation coverage can provide financial and physical protection for most employers. We can provide an entire solution for all your insurance and business needs with the help of our dedicated business partners and experienced agents at Stampede Insurance.No matter where you are, our expert agents are eager to find a comprehensive policy fit for your business! We also offer services in Texas, California, and Alabama. With no risk and no obligation, you can receive a free quote today!
