Worker’s Compensation – $2,500 Deductible

workers compensation

Workers Compensation Insurance can feel like one of those necessary evils at times. If you are like most business owners, cost is a big concern in selecting a worker’s compensation program. One way to keep cost as low as possible in Georgia is through self-insuring the first $2,500 of each worker’s comp injury. In this case, self-insurance is known as a deductible. Why $2,500? Because in Georgia if you have a worker’s comp deducible any claim under that deductible is not reported on your Experience Mod Rating or “EMR”. $2,500 is the maximum amount of any claim that will not be reported to NCCI (the people that calculate the EMR). There are reasons to take higher deductibles than $2,500 but we will save that for a different article.

I am sure this begs the question… What is in it for me? Glad you asked. In exchange for taking a deductible, insurance companies are willing to discount your insurance. In exchange for the $2,500 deducible mentioned, you can expect to receive between 6% and 8% in discounts on your worker’s comp insurance premium.

YouTube video

Have question? Click here to schedule a meeting with Josh!


The second thing a deducible does is pave the way to a lower Experience Mod Rating. If you are a contractor, you know how important this is. A small claim can mean the difference between getting a job and losing a job. It can even be the difference in getting paid for a completed job or not. Some general contractors even make a copy of your Experience Mod Rating part of their bid package. Lastly, have you ever thought about selling your business? A copy of your Experience Mod Rating is required for that too.

In conclusion, if you are a Georgia business owner and you have never been offered a deducible on your workers compensation, ask for one. Ask for $2,500. Remember, you should still file every claim on every injured employee. The insurance company will adjust the claim and bill you back for the portion under $2,500.

For questions or comments:
Josh Gurley, CIC CWCA

Request Your Proposal Here

Are you ready to save time, aggravation, and money? The team at HM Advisors is here and ready to make the process as painless as possible. We look forward to meeting you!

Call Email Claims Payments