Workers Comp insurance safety groups are a vehicle by which New York employers pool together to save on workers compensation insurance costs.
Nationwide, industry associations and clubs create safety groups to make it more affordable for their members to purchase insurance.
Safety groups help reduce workers comp costs for members that maintain a safe track record and low w/c claims. By pooling annual insurance premiums together, deducting costs of claims plus admin charges, safety groups are also able to return dividends to their members.
Various industries form safety groups including restaurants, wholesalers, hotels, retail operators and more.
Enforce Coverage Group can help you develop an insurance strategy to take advantage of various discounts offered by workers comp carriers that you may not be aware of. Give us a call to learn more today: 212.947.4298.