Gastonia, NC -- (ReleaseWire) -- 11/14/2022 --Watson Insurance Agency is a well-established provider of home, auto and renters insurance in Belmont and Charlotte, South Carolina. They also offer a wide range of commercial insurance plans, including workers' compensation insurance. Workers' compensation insurance is a crucial investment that business owners should make in the safety and security of their employees. Without such a policy in place, a business may end up facing expensive lawsuits. While the specific rules differ from state to state, most states require businesses to take out workers' compensation insurance for employees that provides financial compensation in case they get injured at work. Providing such coverage to the employees also allows companies to attract and retain valuable and skilled employees. Moreover, ensuring that their staff receives the needed medical attention to return to work fit and healthy helps businesses maintain their productivity levels.

The payouts from workers' compensation insurance cover medical bills, care costs, and a portion of any lost wages. These policies will also cover funeral costs and death benefits in the worst-case scenario. Businesses may deal with harsh legal penalties if they do not carry workers' compensation insurance. Many workers' compensation insurance policies also go beyond the legal minimums and pay for the legal expenses incurred in case an employee sues over a workplace injury.

A business other may opt for a standalone workers' compensation policy or purchase such coverage as an add-on to other policies, like business owner's policy (BOP), commercial general liability insurance, or professional liability insurance. Watson Insurance Agency is an experienced provider of workers comp insurance in Belmont and Charlotte, South Carolina, and helps their clients to identify the most cost-effective method for obtaining coverage for their business. The team of this agency understands the various risks involved across industries and can fine-tune a policy to fit to meet the concerns of a particular business.

Call Watson Insurance Agency at 800-849-9287.

About Watson Insurance Agency
Watson Insurance Agency has provided risk management solutions to Belmont, Charlotte, Gastonia, Shelby, Rock Hill, Columbia, and nearby areas for several decades.