Commercial Insurance in Ohio.

Ohio commercial insurance built around the state's monopolistic BWC system. GL, auto, property, and stop-gap coverage for manufacturers and contractors.

Ohio is one of only four monopolistic workers' compensation states — meaning you must purchase workers' comp through the Ohio Bureau of Workers' Compensation (BWC), not from a private carrier. This creates a unique insurance landscape that many out-of-state brokers don't understand. RISKX knows Ohio's system inside and out and helps businesses navigate BWC while building the rest of their coverage package through the private market.

Workers' Compensation Requirements

Workers' compensation is required. Ohio is a monopolistic state — workers' comp must be purchased through the Ohio Bureau of Workers' Compensation (BWC). Private carriers cannot write workers' comp in Ohio. Employers must also carry employer's liability separately if they want that coverage.

Key Industries

• Manufacturing
• Healthcare
• Agriculture
• Construction
• Retail
• Transportation

Regulatory Notes

• Workers' comp is monopolistic — must be purchased through Ohio BWC, not private insurers
• Employer's liability (Part B of workers' comp) is NOT included in BWC policies — must be purchased separately as 'Stop Gap' coverage
• Ohio has a group rating program that can significantly reduce BWC premiums for qualifying businesses
• The state uses a merit rating system — your claims history directly impacts your premium

RISKX — Commercial Insurance Agency | Licensed in All 50 States | (800) 400-8398 | [email protected]