How Do I Buy A Policy?

You can buy workers compensation insurance from a private insurer. Your agent or broker has access to workers compensation companies and can provide you with quotes. If you like to do your own shopping for coverage, you can call the hotline (888­200­1697) MDI has set up for employers to find out what rates insurance companies may offer for certain classes of business. To use this system you need to know your 4­digit class code and have a place where the rates can either be faxed or mailed. You can also join a self­insurance group or become individually self­insured if you meet Division of workers compensation requirements. Call (573) 526­6004. If you cannot find a company that will offer you a policy, you can purchase a policy from the assigned risk pool (800­842­9346).

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

Additional Insurance Articles

Search LawInfo's Insurance Resources

Lead Counsel Rated Law Firm

Click Here to Learn More