Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeInsuranceUSA.com. We do not endorse any agent or guarantee outcomes. Verify licensing and disciplinary status with the Department of Insurance of Illinois before hiring.
Showing 2 workers' compensation insurance agents in Homewood, IL
Listings are displayed in no particular order and are not ranked by BeforeInsuranceUSA. Order does not constitute a recommendation or endorsement of any agent.
William J. Goodman Insurance, Ltd.
18033 Martin Ave, Homewood, IL 60430
(708) 799-2655
goodmaninsurancenow.com
Angelo Tzinares - State Farm Insurance Agent
18141 Dixie Hwy # 101, Homewood, IL 60430
(708) 798-3687
angeloinsurance.net
What Does a Workers' Compensation Insurance Agent in Homewood Cost?
Workers compensation insurance costs in Illinois typically range from 50 cents to 2 dollars per 100 dollars of payroll for low risk office jobs. Higher risk industries like construction can cost 5 to 15 dollars per 100 dollars of payroll. Your actual rate depends on your specific business classification and loss experience. This is general information and not insurance advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not insurance advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
Do I need workers compensation insurance in Homewood Illinois?
Yes, Illinois law requires most employers with one or more employees to carry workers compensation insurance. This includes part time and seasonal workers. Failure to provide coverage can result in fines and legal penalties.
How does an agent help with Illinois workers comp laws?
An agent explains Illinois specific requirements such as the statute of limitations for filing a claim which is generally three years from the date of injury. They also help you understand how your premium is calculated based on your payroll and industry classification.
What factors affect workers comp insurance costs in Illinois?
Costs are based on your business type, number of employees, payroll, and claims history. Illinois uses a competitive rating system so rates vary by insurer. An agent can compare quotes from multiple carriers to find a suitable option for your business.