Why You Should Trust Us
Investopedia launched in 1999 and has been helping readers find the best workers’ compensation insurance since 2020. Our unbiased, in-depth reviews are based on thorough research into each insurance company to help you make informed decisions for your business.
How We Choose The Best Small Business Insurance Companies
To find the best workers’ compensation insurance companies, we first researched industry data, market share, and customer search trends to pinpoint key features and top insurance providers. We evaluated 17 companies across 27 criteria. We conducted the research between May 12 and May 16, 2025.
Our research included financial strength ratings from AM Best and complaint data from the NAIC. We also looked at coverage types offered, coverage limits, and digital features, collecting data from company webpages, media representatives, and customer service calls.
We ranked each company according to the following categories and weights:
- Customer complaints: 30%
- Coverage limits: 20%
- Digital features: 16%
- Financial strength: 15%
- Plan types: 15%
- Discounts: 4%
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.