Buying workers’ compensation for:

Retail Trade

Retail Trade

What to Know

  • Businesses in retail trade primarily sell merchandise and are typically low risk.
  • 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

  • Back injuries are most common in retail as a result of handling inventory.
  • Muscle sprains or strains, repetitive stress injuries, slip-and-fall injuries and cuts from packaging can also occur.
  • Workers’ compensation insurance covers wage replacement and medical bills for employees injured on the job. To protect against other injuries at your place of business, you may need general liability insurance.

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.

  • Hardware store
  • Florist & garden supply
  • Supermarket
  • Convenience store
  • Clothing store
  • Bookstore

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.