Today’s client submitted insurance question is:
“When Must a Workers Comp Claim be Reported in NYS”
When an accident happens on the job and an employee is injured there are two time periods it’s important you keep in mind as it pertains to workers comp insurance in NY.
The first is the “Notice” period. For every accident that happens, the injured worker must give his/her employer notice that an accident occurred within 30 days. That doesn’t mean a workers compensation claim needs to be filed within 30 days, just that the injured employee must inform the employer that an accident occurred within 30 days.
The second is the filing period. Employers have 2 years in to file a workers comp claim. The employee gets hurt in an accident and lets the employer know in 30 days, then the employee/employer have 2 years to actually file the claim with the insurance a carrier.
Watch this video to learn more:
(Click here if you cannot see this video)
Basically what you need to know is that NOT communicating with the workers comp insurance carrier for fear of premiums going up can have a very negative consequence in that the insurance carrier may be able to deny the workers comp claim.
We don’t want that. Not at all.
If you have questions or would like to receive a quote for a workers comp insurance policy give us a call at (518) 456-6688 and one of our NY business insurance specialists will be happy to help you make that determination based on your unique situation.
You can also click here to contact us via email.
{This video is part of series on New York State Insurance Questions. Every week new videos are added addressing the insurance questions of NY business owners in an easy to digest manner. You can subscribe to these videos here}