Workers’ Compensation Insurance

Workers' Compensation Insurance is a form of coverage that provides benefits to associates who suffer work-related injuries or illnesses. Every community can benefit from having this type of policy, regardless of whether they have associates.
Primary benefits of this policy typically include:

• Medical treatment costs for work-related injuries or illnesses
   
• Partial wage replacement for lost income due to covered incidents
   
• Protection against third-party claims

Coverage for volunteers, including board members and committee members, while performing their duties for the community.

Additional Protection

To further enhance your community’s insurance coverage, workers' compensation insurance includes essential features designed to fill in potential gaps and provide comprehensive safety for your community:

• Includes Voluntary Compensation Endorsement, which extends workers’ compensation benefits to individuals who might not be covered under standard workers’ compensation laws, such as volunteers
   
• Fills gaps left by General Liability policies, which typically exclude associate bodily injuries

Key Features

We understand the unique needs of our communities when it comes to workers' compensation. Our focus is finding the best options for your community, designed to provide peace of mind for all. See what makes our offerings stand out:

• Flexible Coverage: "If-Any" workers' compensation options designed for FirstService Residential-managed communities.
   
• Inclusive: Covers volunteers, board, and committee members.
   
• Convenience: Annual automatic renewal via direct billing.
   
• Efficiency: Fast turnaround for quoting, binding, and billing.

Real-world claim examples

1. Contractor injury: If an uninsured landscaper, hired by the community, is injured on the property, the association’s workers' compensation policy can cover legal defense costs and any settlements, depending on the policy terms.
    
2. Volunteer injury: A volunteer helping with a community event sustains an injury. If the community’s workers’ compensation policy includes a voluntary compensation endorsement, the volunteer’s medical expenses and lost wages can be covered.

Invest in your community's protection

Our team at FS Insurance Brokers is committed to providing you with expert advice and solutions for complex insurance situations. By choosing us, you are partnering with industry experts dedicated to your community's long-term security and financial stability.

Our commitment to management education, mitigation, and control allows us to source superior programs with coverage at competitive, needs-based rates.

Contact our team of experts today to learn how our property insurance expertise can help protect your assets and secure your community's future.