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 New Jersey before hiring.
Showing 4 workers' compensation insurance agents in Summit, NJ
Listings are displayed in no particular order and are not ranked by BeforeInsuranceUSA. Order does not constitute a recommendation or endorsement of any agent.
Clyde Paul Insurance Agency
47 Maple St #301, Summit, NJ 07901
(201) 991-7598
clydepaul.com
Elite Insurance New Jersey
816 Old Springfield Ave, Summit, NJ 07901
(732) 426-3464
FNA Insurance LLC
43 Canoe Brook Pkwy, Summit, NJ 07901
(201) 201-5732
Agency Resources
190 River Rd 1st Floor, Summit, NJ 07901
(866) 454-9676
agencyresources.com
What Does a Workers' Compensation Insurance Agent in Summit Cost?
Workers compensation insurance costs in New Jersey vary by industry and payroll. Typical rates range from 1 to 3 dollars per 100 dollars of payroll for low risk jobs and up to 15 dollars for high risk work. The average premium for a small business in Summit might be 2,000 to 5,000 dollars per year. 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
What does a workers compensation insurance agent in Summit do?
An agent helps you find a policy that meets New Jersey legal requirements. They explain coverage options and assist with claims reporting. They also advise on payroll classification and premium audits.
Is workers compensation insurance required in New Jersey?
Yes, New Jersey law requires most employers to carry workers compensation insurance. This includes part time and seasonal workers. Failure to have coverage can result in fines and stop work orders.
How can an agent help me save money on workers comp in Summit?
An agent can review your payroll classifications and suggest safety programs to reduce risk. They may also help you qualify for group rating plans or premium discounts. Each situation is different so ask about specific options.