Occupational Accident Insurance For Independent Haulers

Though occupational accident insurance isn’t exactly an alternative to worker’s compensation, it is

On the job accidents can happen at any time.  Most workers can at least rest assured that if they get injured on the job, their employer’s worker compensation insurance will cover the cost of any medical treatment needed.

Unfortunately, drivers who operate as independent contractors may not be covered under a workers compensation policy by the motor carrier who contracts them.  Individual worker compensation benefits can be very expensive and may not even be available to independent owner/operators.  A special type of insurance, called occupational accident insurance, can be purchased to fill this void. 

Occupational accident insurance provides several benefits including accidental death benefits, disability, and chiropractic benefits, among others.  Purchasing one of these policies provides valuable coverage for all independent drivers and their families and gives them protection from tough economic losses.

Workers Compensation Insurance

Workers compensation insurance is important enough to be required by law in most industries.  It provides employers with a means to avoid paying the full cost of medical bills for their injured employees.  Workers compensation insurance also protects employers from lawsuits that may be filed by injured employees.

It benefits employees by helping to ensure that any medical treatment needed as a direct result of their occupation will be covered. In addition, part or all of the wages they lose due to absence as a result of the accident will paid to them.  It also encourages employers to maintain safer work environments as to avoid what can be costly insurance premiums.

Additional Commercial Truck Insurance Reading:
To find out more, visit some related commercial truck insurance articles, including: Trucking Insurance: Independent Truckers Insurance Needs and Motor Carrier Insurance Basics: Workers Compensation