Employees’ compensation insurance coverage is a crucial a part of any enterprise and is required in virtually each state.
There are some 745,886 Virginia small enterprise homeowners, entrepreneurs, freelancers, or sole proprietors that want a workman’s comp coverage.
However, what’s one of the best employees’ comp insurance coverage for companies in Virginia?
We made this fast and simple information to help you to find one of the best employees compensation insurance coverage firm in Virginia. You’ll find out about prices, what’s lined, exclusions, and extra.
Some Of The Greatest Firms For Employees Compensation Protection In Virginia Beneath…
High Employees’ Compensation Insurance coverage Firms in Virginia (2025)
| Supplier | Greatest For | Key Options | Availability |
| The Hartford | Established Companies | Trade experience, bundled insurance policies, on-line quotes | Nationwide, together with VA |
| Progressive Business | Fast On-line Quotes & Small Companies | Quick utility course of, broad protection choices | Nationwide |
| Thimble | Freelancers & Quick-Time period Insurance policies | Versatile insurance policies, app-based, prompt proof of insurance coverage | Virginia + choose states |
| Employers Insurance coverage | Low-Danger Industries & Distant Groups | Aggressive pricing, loss management companies, return-to-work applications | Nationwide, together with VA |
Greatest Employees’ Compensation Insurance coverage for Small Companies in Virginia
The Hartford is one of the best employees’ compensation insurance coverage supplier for small companies in Virginia. It combines industry-specific experience (e.g., retail, hospitality, development) with insurance policies tailor-made to Virginia’s strict labor legal guidelines. Small companies profit from:
- Bundled reductions (e.g., financial savings when pairing employees’ comp with normal legal responsibility insurance coverage).
- Immediate on-line quotes and coverage activation, excellent for fast-moving small companies.
- Free office security coaching aligned with Virginia’s OSHA necessities.
- Devoted claims specialists accustomed to VA’s incapacity and return-to-work laws.
Greatest Employees’ Compensation Insurance coverage for Micro Companies in Virginia
The Hartford is the best choice for micro companies (1–10 workers) in Virginia. Its insurance policies handle distinctive challenges like restricted payrolls and part-time employees:
- No minimal payroll necessities, vital for companies with seasonal or gig employees.
- Charges as little as $72.00/month, essentially the most reasonably priced choice for micro-business budgets.
- Cellular app administration for certificates of insurance coverage and claims monitoring.
- Compliance assurance with Virginia’s exemption guidelines (e.g., contractors, sole proprietors).
Greatest Employees’ Compensation Insurance coverage for Midsize Companies in Virginia
The Hartford is the main supplier for midsize companies (50–250 workers) in Virginia. It gives scalable options for rising corporations:
- Expertise Modification Price (X-Mod) optimization to scale back premiums via security applications.
- Multi-state protection for companies working past Virginia.
- Return-to-work applications that reduce misplaced productiveness underneath VA’s incapacity legal guidelines.
- Tailor-made danger administration for high-risk industries like manufacturing and healthcare.
Who Is The Least expensive Employees’ Comp Insurance coverage Supplier in Virginia?
The Hartford gives the most cost effective employees’ compensation insurance coverage in Virginia, with charges beginning at $72.00 monthly for micro and small companies. Additionally they supply prompt estimates, no-commitment quotes, and prompt protection. Key causes for its affordability:
- Payroll-Primarily based Pricing: Premiums scale instantly with payroll measurement, avoiding overpayment for seasonal or part-time employees.
- Bundled Reductions: Save as much as 15% by combining employees’ comp with different insurance policies like normal legal responsibility.
- X-Mod Financial savings: Companies with sturdy security data qualify for diminished premiums by way of Expertise Modification Price reductions.
- No Dealer Charges: Direct on-line quoting cuts out middlemen, reducing administrative prices.
- Virginia-Particular Effectivity: Streamlined claims processes and compliance with VA’s labor legal guidelines reduce overhead, passing financial savings to companies.
Why The Hartford Dominates Employees Comp Insurance coverage Classes in Virginia:
The Hartford dominates employees’ comp insurance coverage in Virginia resulting from its price transparency, sturdy claims help, tailor-made small enterprise protection, and tech-driven instruments. Its status for quick payouts, bundled insurance policies, and customer support makes it a best choice. The corporate additionally gives industry-specific danger administration options.
Key Causes for Dominance:
- Price Transparency: Clear, payroll-based pricing with no hidden charges—premiums scale instantly with payroll measurement, making certain companies solely pay for what they want.
- Compliance Experience: Insurance policies constructed for Virginia’s distinctive mandates, together with protection for companies with 1+ workers and alignment with VA’s incapacity/return-to-work legal guidelines.
- Velocity: Immediate on-line quotes, cellular app claims monitoring, and same-day coverage activation cater to fast-paced Virginia companies.
- Repute: Backed by an A+ monetary energy ranking (AM Greatest) and 200+ years of {industry} belief, making certain dependable long-term claims help.
- Tech-Pushed Instruments: AI-powered danger assessments and app-based certificates administration streamline compliance for Virginia’s strict labor setting.
The place to Get The Greatest Employees’ Compensation Insurance coverage in Virginia?
Get one of the best employees’ compensation insurance coverage in Virginia by evaluating top-rated suppliers like The Hartford, State Fund, and Employers Insurance coverage. Prioritize corporations providing quick claims, aggressive premiums, and powerful help for Virginia labor legal guidelines. Use platforms like Merely Insurance coverage to check charges immediately.
High Personal Employees’ Compensation Insurance coverage Firms in Virginia
Personal insurance coverage corporations supply a spread of employees’ compensation insurance policies tailor-made to various enterprise wants. Notable suppliers embody:
- The Hartford: Acknowledged for complete protection choices and a robust give attention to customer support, The Hartford caters to companies of varied sizes.
- Most popular Employers Insurance coverage: Specializing in Virginia’s market, this firm gives customized companies and aggressive charges, making it a trusted alternative for a lot of native companies.
- Employers Insurance coverage: With a give attention to small companies, Employers Insurance coverage offers cost-effective employees’ compensation options tailor-made to the distinctive challenges confronted by smaller enterprises.
When deciding on a personal insurer, it’s important to check protection choices, premium prices, and buyer evaluations to make sure one of the best match for your online business.
Who’s the Largest Employees’ Compensation Insurance coverage Firm in Virginia?
The most important employees’ compensation insurance coverage firm in Virginia is The Hartford. The Hartford insures 1000’s of Virginia companies and is thought for its sturdy monetary stability, quick claims processing, and proactive danger administration companies tailor-made to satisfy Virginia’s regulatory setting.
How A lot Employees’ Compensation Insurance coverage Do I Want in Virginia?
Most states require you to have a minimum of $500,000 in employees comp protection on your workers. Nonetheless, the quantity of protection you want will rely on your online business’s measurement, location, and kind.
How A lot Is Employees’ Compensation Insurance coverage in Virginia?
Common price of employee’s comp insurance coverage in Virginia is $72.00 monthly or $864.00 per yr. In VA, employees’ compensation insurance coverage prices $0.75 per $100 of payroll, relying on {industry} danger, claims historical past, and worker roles. Excessive-risk industries like development pay extra, whereas office-based companies pay much less. State Fund and personal insurers supply price calculators to estimate prices precisely.
Common Price of Employees’ Comp Insurance coverage in Virginia
The desk beneath offers illustrative examples of employees’ compensation insurance coverage charges for varied industries in Virginia. These figures are approximate and might fluctuate based mostly on particular circumstances and insurers.
| Trade | Job Position | Price per $100 of Payroll | Month-to-month Premium Estimate* |
| Building | Basic Contractor | $3.00 – $30.00 | $750 – $7,500 |
| Manufacturing | Machine Operator | $2.50 – $15.00 | $625 – $3,750 |
| Healthcare | Registered Nurse | $1.75 – $5.00 | $437.50 – $1,250 |
| Retail | Gross sales Affiliate | $1.00 – $3.00 | $250 – $750 |
| Clerical/Workplace | Administrative Assistant | $0.40 – $1.00 | $100 – $250 |
*Assuming a month-to-month payroll of $25,000.
These estimates spotlight how {industry} classifications impression insurance coverage premiums. Companies in higher-risk industries, corresponding to development, face greater charges as a result of elevated probability of office accidents. Conversely, office-based roles sometimes entice decrease premiums reflecting their diminished danger.
Employers can make the most of price calculators offered by insurers like State Fund and personal insurance coverage corporations to acquire extra correct estimates tailor-made to their particular enterprise operations and workforce.
Employees’ Comp Charges in Virginia (Per $100 Payroll)
Employees’ comp charges in Virginia price round $0.75 per $100 of payroll, based mostly on job classification codes. Low-risk jobs like clerical work common $0.75–$1.50, whereas high-risk jobs like roofing can exceed $25. The Employees’ Compensation Insurance coverage Ranking Bureau units advisory pure premium charges yearly.
Virginia Employees’ Comp Charges by Classification
The Employees’ Compensation Insurance coverage Ranking Bureau of Virginia (WCIRB) assigns particular classification codes to varied job varieties, every with its personal advisory pure premium price. These charges replicate the anticipated price of claims related to every classification. Beneath is a desk illustrating pattern classification codes together with their corresponding advisory pure premium charges as for 2025:
| Classification Code | Trade/Job Kind | Advisory Pure Premium Price per $100 Payroll |
| 0042 | Landscaping Gardening | $6.56 |
| 5183 | Plumbing | $1.68 |
| 8810 | Clerical Workplace Staff | $0.35 |
| 8742 | Salespersons – Exterior | $0.65 |
| 7228 | Trucking – Native Hauling | $8.25 |
| 9015 | Constructing Operations by Proprietor | $0.97 |
| 8835 | Residence Well being Care Companies | $5.32 |
| 8006 | Grocery Shops | $2.15 |
| 8017 | Retail Shops – NOC | $1.85 |
| 8387 | Vehicle Service or Restore Facilities | $3.30 |
These charges are topic to vary and should differ based mostly on the insurer and particular circumstances of the enterprise. Employers ought to seek the advice of with their insurance coverage suppliers or the WCIRB for essentially the most present and relevant charges for his or her classifications.
How Lengthy Does Employees’ Comp Final?
For those who’re questioning how lengthy employees’ compensation will final, the reply is completely different for everybody. The extra extreme a work-related damage or illness, the extra prolonged funds would possibly final.
For those who assume your worker would require future medical therapy past common employees’ comp payouts, advise them to talk with a lawyer about authorized issues.
Components That Have an effect on Employees’ Compensation Prices in Virginia
Employees’ compensation prices in Virginia are affected by job classification, payroll measurement, claims historical past, and security document. Excessive-risk roles like development improve premiums, whereas a clear security document lowers them. Expertise modification charges (X-Mod) additionally alter premiums based mostly on previous claims in comparison with {industry} averages.
Let’s take a deeper take a look at a number of key components:
- Job Classification: Every occupation is assigned a classification code reflecting its danger stage. Excessive-risk roles, corresponding to these in development, sometimes incur greater premiums as a result of elevated probability of office accidents.
- Payroll Measurement: Premiums are calculated per $100 of payroll. Consequently, companies with bigger payrolls could have greater general premiums, as extra workers equate to higher potential legal responsibility.
- Claims Historical past: A historical past of frequent or extreme employees’ compensation claims can result in elevated premiums. Insurers view previous claims as indicators of future danger.
- Security Report: Sustaining a robust security document can positively impression premium prices. Fewer office incidents counsel efficient security protocols, making the enterprise a decrease danger to insurers.
- Expertise Modification Price (X-Mod): This price adjusts premiums based mostly on an organization’s claims historical past relative to {industry} averages. An X-Mod beneath 100% signifies a better-than-average claims historical past, probably reducing premiums, whereas an X-Mod above 100% can improve them.
Understanding and managing these components might help companies management their employees’ compensation insurance coverage prices successfully.
Virginia Employees’ Compensation Insurance coverage Necessities
Virginia requires all employers with a number of workers to hold employees’ compensation insurance coverage, no matter hours labored. Protection should be bought from a licensed insurer or the State Fund. Sole proprietors are usually exempt however can decide in. Noncompliance results in fines and prison penalties.
Who Wants Employees’ Comp Insurance coverage in Virginia?
Virginia is the one state that requires all employers to be lined by employees’ compensation, even when they’ve just one particular person working for you.
Even when an organization’s headquarters are in one other state, Virginia regulation requires it to hold employees’ comp protection for workers who work there often.
Which Industries Purchase Employees’ Comp Insurance policies in Virginia the Most?
Beneath is a listing of industries that the majority typically buy workman’s comp insurance coverage for his or her new firm or startup:
- Landscaping & Garden Care
- Meals & Beverage
- Authorized
- Accounting & Finance
- Retail
- Hair & Magnificence
- Health
- Day Care
- Business Cleansing
- Heating & Air Conditioning
What Are The Minimal Employees’ Comp Legal guidelines in Virginia?
Employer legal responsibility in Virginia is presently outlined by the next minimums: $100,000 per incidence for a employees’ compensation insurance coverage coverage. $100,000 per worker, and the full coverage worth should be a minimum of $500,000.
Who Is Exempt from Employees’ Comp Insurance coverage in Virginia?
Employees’ compensation is important just for sure workers. In Virginia, it isn’t required for sure employees, which embody:
- Enterprise homeowners/sole proprietors (apart from roofers)
- Contractors
- Home employees who’re associated to their employers
- People who work for support (meals, housing, and so on.) moderately than pay
- Particular volunteers, together with volunteers for non-profit organizations
- Deputy sheriffs and deputy clerks
- College students collaborating in newbie sporting occasions/newbie sports activities officers
Do Impartial Contractors Want Employees’ Comp Insurance coverage In Virginia?
No, impartial contractors are usually not required to hold employees’ compensation insurance coverage for themselves. Nonetheless, there are necessary concerns to remember:
- Consumer Necessities: Some purchasers might require impartial contractors to have their very own employees’ compensation protection as a situation of their contract. This requirement helps defend the consumer from potential legal responsibility in case of work-related accidents.
- Private Safety: Even when not mandated, acquiring employees’ compensation insurance coverage could be a prudent resolution for impartial contractors. It offers protection for medical bills and misplaced wages ensuing from work-related accidents or sicknesses, providing monetary safety and peace of thoughts.
It’s essential for contractors to remain knowledgeable about these necessities to make sure compliance and keep away from potential penalties. For essentially the most correct and up-to-date info, contractors ought to seek the advice of the Virginia Contractors State License Board (CSLB) or a authorized skilled accustomed to Virginia labor legal guidelines.
Is Employees Comp Required In Virginia?
Sure! Even in case you solely have one worker, Virginia employers should carry employees’ compensation insurance coverage. And in case your employees are injured or sick due to their job, you will need to reimburse them for employees’ compensation advantages.
Employees’ comp insurance coverage covers important companies corresponding to medical care, short-term incapacity funds, everlasting incapacity pensions, extra job displacement advantages, and a return-to-work complement. It additionally contains dying advantages for ultimate bills.
How Employees’ Compensation Insurance coverage Works in Virginia?
Employees’ compensation insurance coverage is a kind of insurance coverage that gives advantages to your workers in the event that they endure an occupational damage or illness. Also called employees’ comp or workman’s comp insurance coverage, one of these protection might assist pay on your injured or sick workers’ medical prices. It may additionally help with misplaced revenue resulting from missed work. Employees’ compensation insurance coverage is designed that can assist you and your workers keep away from monetary hurt attributable to office accidents corresponding to misplaced wages. This protection will:
- Assist corporations in varied industries
- Promote employee security
- Get workers again to work or transitional work
- Present entry to coaching for brand spanking new abilities
Most states require corporations with workers to hold employees’ compensation insurance coverage. However necessities differ from state to state. Staff can obtain employees’ compensation insurance coverage, no matter who’s at fault for the accidents or sickness.
What Does Employees’ Comp Insurance coverage Cowl in Virginia?
Your insurance coverage will cowl the fundamentals in Virginia, together with medical care, short-term incapacity advantages, everlasting incapacity advantages, extra job displacement advantages, and a return-to-work complement. Moreover, dying funds are lined by employees’ compensation insurance coverage.
The overwhelming majority of employees compensation claims are rapidly resolved.
Nonetheless, points might come up in case you and your employer can’t agree on whether or not you sustained the hurt on the job and the way a lot in advantages they’re entitled to obtain.
The next is a listing of injured laborer profit entitlements in Virginia.
- Medical therapy charges
- Short-term incapacity funds
- Everlasting incapacity funds
- Life pension funds
- Vocational retraining prices
- The price of burial dying advantages
What Sorts Of Worker Accidents Does Employees’ Comp Insurance coverage NOT Cowl In Virginia?
Employees comp insurance coverage in Virginia doesn’t cowl accidents from intoxication, self-inflicted hurt, off-duty actions, or violations of firm coverage. It additionally excludes emotional accidents with out bodily trauma and impartial contractors. These exclusions assist forestall fraud and guarantee claims relate on to work-related duties. Some examples embody:
- Driving to/from work
- Intoxication/intentional act
- Horseplay
- Intentional acts
- Unlawful actions
- Coverage violations
- Terminated workers
How Is Employees’ Comp Completely different from Well being Insurance coverage?
One main distinction between employees comp insurance coverage and particular person medical insurance is that employees’ compensation insurance coverage applies solely to office accidents, whereas the latter solely applies to non-work accidents.
Employees’ Compensation Advantages in Virginia
Employees’ compensation advantages in Virginia embody medical care, short-term incapacity funds, everlasting incapacity advantages, supplemental job displacement vouchers, and dying advantages. These advantages goal to help injured employees throughout restoration, compensate for misplaced wages, and supply retraining or monetary assist to dependents if obligatory
The way to File a Employees’ Comp Declare in VA
The regulation requires your employer in Virginia to pay on your medical therapy when you’re away from work and recuperating in case you are an eligible worker with a office damage or illness.
Nonetheless, if you wish to obtain these and different employees’ comp advantages in Virginia, you will need to file a well timed declare.
In most conditions, submitting a employees’ compensation declare in Virginia is just a three-step course of:
- reporting the damage
- submitting the precise declare together with your employer
- Submitting an “utility for adjudication of declare” with the Employees’ Compensation Appeals Board (WVAB).
There are time restrictions for every of those phases. In some instances, you would possibly get away with being late on the primary two steps.
Nonetheless, in case you miss the deadline for the ultimate step—and your employer’s insurance coverage firm refuses to supply or proceed compensation—chances are you’ll be out of luck.
If you’re uncertain, it’s all the time finest to succeed in out to the Virginia Division Of Insurance coverage.
Employees’ Comp Settlement Chart in Virginia
Virginia employees’ comp settlement quantities differ by incapacity ranking, wages, and damage kind. A ten% everlasting incapacity would possibly lead to $6,000–$8,000, whereas greater rankings can exceed $50,000. The Division of Employees’ Compensation makes use of a incapacity ranking chart and method to find out payouts.
The desk beneath illustrates frequent damage eventualities and estimated settlement ranges based mostly on Virginia’s 2025 pointers:
| Incapacity Ranking | Harm Kind | Common Settlement Vary* | Notes |
| 10% Everlasting | Again Pressure, Minor Fracture | 6,000–8,000 | Primarily based on common weekly wage (VA minimal: $72.000.95/week). |
| 25% Everlasting | Repetitive Movement Harm | 25,000–35,000 | Consists of carpal tunnel, partial lack of limb operate. |
| 50% Everlasting | Extreme Burns, Amputation | 50,000–90,000 | Payouts alter for future medical care and misplaced incomes capability. |
| 75% Everlasting | Spinal Twine Harm | 100,000–200,000+ | Lifetime incapacity pensions apply for complete everlasting disabilities. |
Why Ranges Range:
- Pre-Impairment Earnings: Larger wages improve settlements (e.g., 500/week vs. 230/week minimal).
- Harm Date: Charges alter yearly (e.g., accidents after 1/1/2025 use up to date tables).
- Future Care Prices: Extreme accidents (e.g., amputations) embody lifelong medical bills.
How To Get Workman’s Compensation Insurance coverage In Virginia?
You should purchase employee’s comp insurance coverage for your online business immediately on-line in Virginia from an internet insurance coverage company like Merely Insurance coverage. There isn’t any want to attend round for a employees compensation pamphlet within the mail.
We make buying employee’s comp plans simple, quick, and 100% on-line.
Taking Motion
Employee’s Compensation Insurance coverage is a obligatory price for enterprise homeowners who need to defend themselves and workers from the surprising.
Enterprise homeowners who don’t carry protection might find yourself paying out of pocket for any mishaps that happen whereas working their small companies.
All it’s worthwhile to do is click on right here to get some prompt quotes and get lined right this moment.
FAQs About Employees’ Compensation Insurance coverage in Virginia
How is employee’s comp insurance coverage calculated in Virginia?
The entire quantity of premiums collected is multiplied by $100 per worker per class. By multiplying every class’s payroll by $100, you’ll be able to get hold of an estimate for the payrolls in every class. The bottom premium is the sum of all premiums collected.
Do you want employees’ compensation protection in case you’re self-employed In Virginia?
No, you don’t want workmans comp coverage in case you’re self-employed. Nonetheless, even when employees’ compensation isn’t required, people who function their companies or work as contractors ought to strongly take into consideration buying it.
Is workman’s comp required for part-time workers in Virginia?
That is going to rely in your wants, the corporate that may have the most cost effective insurance coverage in Virginia for you’ll rely on quite a lot of components that relate to your property, together with the worth of your property, the realm you reside in, what kind of residence you reside in and what kind of protection you choose. Your deductibles and protection limits will make up a portion of the fee.
Can I take advantage of my very own insurance coverage as an alternative of workman’s comp in Virginia?
Sure, it’s also possible to self-insure for employees’ compensation, but it surely isn’t often really helpful. You would possibly want help from a industrial broker-agent who may present info on State Fund and self-insurance.
Am I Required to Have Employees’ Comp Insurance coverage in VA?
Sure, Virginia regulation requires all employers with a minimum of one worker to have employees’ compensation insurance coverage, even for part-time or short-term employees. Failure to hold protection can lead to extreme penalties, together with fines, prison costs, and private legal responsibility for office accidents.
What Is the Greatest Employees’ Comp Insurance coverage in Virginia?
The Hartford is one of the best employees’ compensation insurance coverage supplier for small companies in Virginia. It combines industry-specific experience (e.g., retail, hospitality, development) with insurance policies tailor-made to Virginia’s strict labor legal guidelines.
How A lot Does Employees’ Compensation Insurance coverage Price in Virginia?
The typical price of employee’s comp insurance coverage in Virginia is $72.00 monthly or $864.00 per yr relying on {industry} danger, claims historical past, and worker roles. Excessive-risk industries like development pay extra, whereas office-based companies pay much less.
How Many Staff Set off a Employees’ Comp Requirement?
In Virginia, you solely want 1 worker to be required by the Virginia labor code to buy employees comp insurance coverage. It’s essential to additionally pay for employees’ compensation protection in case your employees are injured or unwell resulting from their job.