Why it matters for your company
Benefits are set by the state where the employee works, and price follows payroll and the kind of work each role does. A technician who installs robots at customer sites is rated differently from an engineer at a desk, which is why the class assigned to each role matters.
For field teams, check that every state where technicians work is listed on the policy. A pilot across a state line with no coverage in that state is a common and avoidable gap.
Related terms
- Employer's liabilityThe second part of a workers' compensation policy, which covers suits by employees or their families that fall outside the state compensation system. It carries its own limits, often asked for in customer contracts.
- Class codeA numeric category an insurer assigns to your business or to each employee role that sets the base rate for the premium. The wrong class can overprice a policy or leave an operation outside what the insurer agreed to cover.
- Waiver of subrogationAn endorsement in which your insurer gives up its right to recover a paid claim from a party your contract names. Customers ask for it so your insurer cannot pay your loss and then sue them for it.