While Washington, D.C. is best known for being the capital of the United States, the District of Columbia is more than just politicians and embassies. Washington, D.C. is home to some of the most famous monuments and historic sites, such as Capitol Hill, Lincoln Memorial, Library of Congress, Jefferson Memorial, Washington Monument, and more. Washington has a growing economic sector not directly related to government, including finance, scientific research, non-profit organizations, education, and health care.
Independent firms drive much of the District of Columbia’s economic activity. Small businesses in Washington, D.C. make up 93.4% of the district’s employers. They provide jobs to 48% of the District’s employees.1
All employers in Washington, D.C. are required to carry workers’ compensation insurance if they have one or more employees. Injured workers receive benefits regardless of who is at fault, while employers are protected from costly litigation.
The leading small businesses purchasing workers’ compensation insurance in Washington, D.C. include restaurants, hotels, colleges, medical offices, auto repair shops, and libraries.
Interested in learning more about how EMPLOYERS can help your Washington, D.C. business? Request a quote for workers’ compensation insurance from EMPLOYERS!
1 District of Columbia Small Business Profile,“ SmallBusiness.com, February 19, 2010. http://smallbusiness.com/wiki/District_of_Columbia_small_business_profile.
In Washington, D.C., insurance is offered through Employers Compensation Insurance Company, Employers Assurance Company and Employers Preferred Insurance Company. Not all insurers do business in all jurisdictions.