The California State Compensation
Insurance Fund
is a non-profit, public enterprise fund that sells workers'
compensation insurance to California employers.
To many California businesses State Fund
is a last resort insurer. While private insurance companies
have various eligibility requirements, the State Fund will
issue a policy even if there is no private insurer willing to
do that.
As a result State Fund is positioned to
insure the higher risk ventures, which very often comes with
higher premiums.
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In today's workers compensation insurance
market California employers are seeing more and more insurance
companies interested in writing business. Surprisingly to many
business owners who were told by friend and colleagues that
State Fund is the only insurer to offer the coverage the
market is wide open and in many cases there will be a choice
of private insurance companies offering coverage at better
rates and than to State Fund would offer.
So, when shop for Workers Compensation
policy make sure State Fund is not your only consideration. Before obtaining the coverage try to find
a private insurer first.
Our agents will do the shopping for you
at State Fund and many other insurers as well. Call
(650) 209-6930; (650) 961-1023 and let us help you.
Want to stay in control of your Workers
Compensation Costs?
Hire good employees. You can eliminate 90% of all problem
employees by pre-screening new hires. Conduct technical and
safety training; consider pre-start date testing.
Make sure your experience modification is calculated
correctly. There is a good chance it’s wrong and you are
overcharged.
Stay in control of open claims. By closing open claims you
can lower down your workers compensation premiums.
Establish a modified work program to facilitate
return-to-work. It helps reduce the costs of the claims.