Month: July 2025

If you are an Idaho business owner, one of your key responsibilities is purchasing commercial insurance to protect your business assets and employees. If your business is located near Post Falls, ID, our team at Infinity Insurance Group is here to assist you. Since 2010, we’ve been helping businesses like yours navigate their insurance needs.

Workers’ Compensation Insurance and Unemployment Tax

Two essential types of insurance for protecting your employees are workers’ compensation and unemployment insurance. According to the Idaho Department of Business, all businesses with one or more employees are required to carry workers’ compensation insurance. This coverage provides funds for medical expenses and lost wages for employees injured on the job. Additionally, employers are legally required to display an informational poster to inform employees about the availability of workers’ compensation.

Similarly, all businesses with at least one employee must pay unemployment tax. Employees who are laid off from your business may be eligible to collect unemployment benefits for a specified period. In Idaho, unemployment taxes are managed by the state’s Department of Labor. For more information about unemployment taxes, you can access publications on the Department of Labor’s website.

Call Us Today for Your Appointment

There are several types of insurance required for businesses, and additional coverage options may be beneficial for your company. At Infinity Insurance Group, we specialize in helping businesses understand their insurance obligations and explore other coverage options to protect their assets. Businesses near Post Falls, ID, rely on us for exceptional client support and trusted advice. Call us today to schedule an appointment and let us help you safeguard your business.