Workers’ Compensation Insurance 

An insurance policy that provides coverage for an employer’s two key exposures arising out of workplace injuries sustained by employees.

Worker’s Comp insurance comes in two parts:

Part A of the policy covers the employer’s statutory liabilities under workers’ compensation laws.
Part B of the policy covers liability arising out of employees’ work-related injuries that do not fall under the workers compensation statute.

In most states, the standard workers compensation and employer’s liability policy published by the National Council on Compensation Insurance (NCCI) is the required policy form.  NCCI collects data on workplace injuries and advises rates based on class code, or industry classification.

The Colorado state legislature recently made several changes to the work comp system. These include:


  • Penalty money collected by the division will fund benefits to the injured workers of uninsured employers.
  • Expanded cases where workers can receive benefits for a PTSD diagnosis.

Other subjects under discussion that all employers should consider in the context of worker’s comp coverage include how to address opioid abuse, and workers’ compensation benefits for “gig economy workers.”

AutoRisk representatives have experience helping the automotive aftermarket select coverage that best meet their individual needs.  Since we specialize in the automotive aftermarket, we bring specific experience to the table that can help you decrease costs and improve coverage.

Call us today at 720.445.6959.

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