The Bakken Oil Field in Montana is responsible for providing many different
jobs across many different industries and companies. All companies need to have
work comp insurance because it is required by law. However, there are ways to save
money on workmen's comp insurance around Bakken and in Montana.
Focus on Safety
A lot can happen within an oil field. Every year many
oil field injuries happen and the US government has done extensive research on how to reduce
the risk of injuries, not only at Bakken, but across the country.
This often means there needs to be a bigger focus on safety and safety
training. The reason that businesses pay so much for work comp is a direct
result of the number of accidents that take place. By reducing the number
of accidents and reducing the level of risk for future accidents, the
cost for the insurance can drop dramatically.
Every company should focus on ways to reduce claims as this will reduce
the amount of money spent on workmen's comp insurance as well. All
employees have the right to file a workers’ compensation claim and
it is up to companies to prevent the accidents from ever occurring, not
from covering them up. Many companies within the oil industry make good
money and they need to invest into the business to reduce the number of
Contact us at Odegaard Braukmann Law to learn more about how to file a workers'
comp claim or to improve insurance ratings for your business.