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Has Your California Workers Compensation Rate Increased In 2012?

Has Your California Workers Compensation Rate Increased In 2012?

Recent research in California is showing that business owners are paying a bit more for California workers compensation in 2012. Rates from the top 100 companies that account for 96.7% of the California job market have announced a 2.8% increase this year.

The insurance rate increase will affect many business owners and organizations that pay medical expenses for workers injured on the job or who obtain permanent disability. The sudden just in cost is due to the fact that more California workers compensation policies renew in January allowing the insurance carriers to increase evenly among all of their existing clients.

We at Remland Insurance offer competitive and reasonable rates for all of your California insurance needs. The new workers compensation changes may be positive for the employees, but the small business owners that are being affected really take a hit. Let us shop rates for your business and find the very best price for your particular needs.

Stay tuned for more 2012 insurance changes in the near future. California Insurance Commissioner, Dave Jones has many changes and rate increases in the near future.  Call Remland Insurance today with any California workers compensation, auto, or home insurance needs at 714)532-3341

Source: LA TImes

Photo Credit: Workers Comp. Insurance


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