Please note: this article is about the Justworks Payroll product. Not sure which product you're using? Check out: How Do I Know Which Justworks Product I Have?
Workers’ compensation insurance can help protect your employees and business in case of work-related injuries or lawsuits. Businesses in most states are legally required to have workers’ comp coverage if they have employees, but requirements vary by state. Check state laws to see if workers’ comp is required for your business.
If your business needs workers’ comp coverage, you can integrate a workers’ comp insurance policy with your company’s Justworks Payroll account by working with our workers’ comp insurance partner, NEXT.
NEXT offers pay-as-you-go workers’ comp that allows business owners to make accurate payments each time they run payroll based on actual payroll data, unlike traditional workers’ comp policies that require large upfront premium payments based on estimates.
You can get a fast and paperless quote from NEXT directly through your Justworks Payroll account. To start, go to the ‘Company’ > ‘Settings’ tab on the left-hand side menu of your account. Then, click the ‘Set up a new policy’ button in the ‘Workers’ comp’ section.
From there, you’ll be able to view more details about what’s available to your company through NEXT.
If you don’t already have a workers’ comp policy for your company, you can click the ‘Find a plan’ button to begin the quote process with NEXT, which involves answering some questions about your company. Then, NEXT will email you a quote within 1 business day.
If your company does already have an active workers’ comp policy, you can click the ‘Connect coverage’ button to update the policy’s broker of record to be NEXT, which will allow you to still benefit from having pay-as-you-go worker’s comp insurance.
For any questions during the quote process, you can reach NEXT at 888-289-2939.
Once your workers’ comp policy is in place, Justworks Payroll will be able to send your company’s payroll data to NEXT each pay cycle so that your workers’ comp premium can be calculated and paid based on actual payroll data.
Disclaimer
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.