Buying workers’ compensation for:

Natural Resource Extraction and Mining

Natural Resource Extraction and Mining

What to Know

  • Natural Resource Extraction & Mining is a high-risk industry in workers’ compensation because in addition to overextension hazards common in many industries, these jobs face greater potential for accidents. Furthermore, the injuries suffered are often more severe.
  • The nature of your business, number of employees being covered and past coverage and claims are all factors in how much your premium will cost.

Potential Hazards

  • The greatest danger in mining is the threat of a collapse. Working in trenches six feet below grade will make your business a greater risk.
  • Extreme heat, vibrations, exposure to chemicals and use of explosives can all lead to injury.
  • Cuts, scrapes and bruises are common, as well as back pain, crush injuries and respiratory problems.

Work Class Codes

Many businesses have several work class codes that describe what their employees do. It’s important to classify each group of employees accurately because it could alter your premium dramatically.

Other Tips

If your insured employs workers in multiple states or your insured’s employees are temporarily working out-of-state, they need to purchase insurance for all the states where their workers are located, according to each state’s laws. Call 1-800-476-2948 and let us walk you through it.

The nature of your insured’s business, number of employees being covered and past coverage and claims are all factors in how much their premium will cost.