Workers’ Comp Insurance for Epoxy Flooring Contractors Costs & Requirements
- Nate Jones, CPCU, ARM, CLCS, AU
- 4 days ago
- 2 min read
Epoxy flooring contractors face unique workplace hazards, from chemical exposure to slip-and-fall injuries. Workers’ compensation insurance is critical for protecting employees and your business from costly medical expenses and lawsuits.
This guide covers what workers’ comp insurance entails, how much it costs, and the legal requirements for epoxy flooring contractors.
Why Workers’ Compensation Insurance Matters
Workers’ compensation insurance provides:
Medical coverage – Pays for treatment if an employee is injured on the job.
Lost wages – Compensates employees for time off work due to injury.
Legal protection – Helps shield your business from lawsuits related to workplace injuries.
Peace of mind – Ensures your employees are cared for, boosting morale and safety compliance.
For epoxy flooring contractors, employees may face risks such as:
Chemical burns or respiratory exposure from epoxy resins
Slip-and-fall accidents on wet floors
Injuries from heavy equipment or tools
Without workers’ compensation insurance, your business could face significant financial liability if an accident occurs.
Costs of Workers’ Comp Insurance
The cost of workers’ compensation insurance varies based on multiple factors:
Number of employees – More employees generally increase premiums.
Payroll size – Premiums are often calculated as a percentage of total payroll.
Type of work performed – Epoxy flooring installation is considered higher risk than some other trades.
Location – State regulations and claims history affect pricing.
Safety record – Businesses with fewer claims and strong safety practices may pay lower premiums.
Estimated costs: Small epoxy flooring businesses might pay between $2,000–$5,000 annually, depending on staff size and location. Actual rates may vary.
Legal Requirements for Epoxy Flooring Contractors
Workers’ comp insurance requirements vary by state, but generally:
Required if you have employees (full-time, part-time, or seasonal).
Some states exempt sole proprietors or independent contractors, but coverage is still recommended.
Policies must meet state-specific coverage limits and regulations.
Check your state’s Department of Insurance or labor office to ensure compliance.
How to Get Workers’ Comp Insurance for Your Epoxy Flooring Business
Evaluate your workforce and risk exposure – Identify employees, job tasks, and potential hazards.
Contact an experienced provider – Companies like Wexford Insurance specialize in contractor coverage.
Request a free quote online – Submit your business details to receive a customized policy.
Review coverage and limits – Ensure the policy meets legal requirements and fully protects your employees.
Maintain ongoing compliance – Update payroll and employee information annually and keep your policy active.
Final Thoughts
Workers’ compensation insurance is not optional for epoxy flooring contractors—it’s a legal requirement in most states and a critical safety measure for your employees. Proper coverage ensures your team is protected from workplace injuries, and your business is shielded from financial risk.
Get started today by obtaining a custom workers’ comp quote from Wexford Insurance.
