Everything You Need to Know Before Buying Your First Workers' Comp Policy Ep. #509

About this episode

John Pajak explains the essentials of obtaining a workers' compensation policy for new employers.

Getting your first workers' compensation policy can feel confusing, expensive, and intimidating, but it is a necessary step when you start hiring employees. In this episode, John breaks down how workers' comp works, what it may cost, why payroll matters more than headcount, how audits work, and why getting classified under the wrong lawn care class code can quietly cost you thousands. Episode Links : Apple Podcast Listeners- Copy and paste the links below into your browser. Upcoming Events : Profit Accelerator LIVE (June 26–27, 2026, Richmond, VA): An intensive experience designed to help lawn and landscape business owners dial in their numbers, increase profitability, and build a scalable business with clear strategy and execution. Sign up and learn more: https://Profitacceleratorlive.com Lawn & Landscape Technology Conference (July 22–24, Scottsdale, AZ) : A hands-on event focused on AI, software, and systems to help you run a more efficient and profitable green industry business. Sign up and learn more: https://www.lltechconference.com/ Equip Expo (October 20–23, 2026, Louisville, KY): The largest trade show in the green industry, bringing together contractors, equipment…

People in this episode

Host: John Pajak

Topics covered

• workers' compensation
• business insurance
• employee hiring
• cost management
• classification codes
• audits

Keywords

• workers' comp
• insurance policy
• payroll
• lawn care
• business strategy
• costs
• audits

Mentioned in this episode

Organizations: Profit Accelerator LIVE, Lawn & Landscape Technology Conference, Equip Expo

Places: Richmond, VA, Scottsdale, AZ, Louisville, KY

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