Workers Compensation Insurance


Virginia law requires that most employers carry workers’ compensation insurance in order to cover their workers in the event of a work injury. Workers’ compensation provides a tradeoff for both employers and employees. For the employer, it provides an exclusive remedy, shielding the employer from civil suit. For the injured worker, it provides prompt but limited benefits.

When is an Employer Required to Have Coverage?

Virginia law requires that an employer who regularly employs more than two part-time or fulltime employees carry Virginia workers’ compensation coverage. If a business hires subcontractors to perform the same trade, business or occupation, or to fulfill a contract of the business, the subcontractor’s employees are included in determining the total number of employees. For those employers required to have coverage, it is mandatory, there are no waivers and no exceptions.

At Insurance & Financial Services, our Workers Compensation Insurance specialist agents can help you build solid loss control and safety programs and assist with compliance challenges. Here are a few of the additional benefits that are available to you from our agency – with no cost to you and likely to reduce your Workers Compensation Insurance premiums!

Risk Assessment, Compliance, and Record Keeping

Compliance and Record Keeping

OSHA record keeping responsibilities can be challenging. We can assist you in fulfilling your federal and state requirements.

Claims Cost Containment

We can help you to control workers’ compensation claims by establishing a safety policy, adopting a Return-to-Work Program, streamlining reporting procedures, indentifying top loss sources and mitigating legal expenses, all with our tools.

Managing Risks

We have the risk management expertise and resources to help you develop a cost effective plan to control and lower your workplace risks.

Workplace Safety Programs

Our risk assessment and workplace safety program service will assist you in developing a safety manual that will not only lower the probability of personal injury and property damage, but lower premiums as well.



Insurance & Financial Services, Inc. is a full service Virginia Independent Insurance Agency that represents many top-rated companies. We assess risks and shop companies to find the best Virginia Business Insurance coverage for the price. Our clients get the best value for the Virginia Commercial insurance they need.

Here are a few companies we represent: Aetna, American Modern, Anthem Blue Cross Blue Shield, BTIS, Cigna, CNA, Dairyland, Foremost, Gainsco, Grange, Liberty Mutual, Main Street America Group, Mercury, National General, Progressive, Starr Dovetail, State Auto, Stillwater, Tapco, and Travelers.

Call, request a quote by email, or visit us at our office today for a free, no obligation risk assessment and Virginia Commercial Insurance quote. Let us do the research and find you the best value for the Workers Compensation Insurance you need.

Amy Spencer


Amy Spencer started her career in the insurance industry in March 2006 as a customer service representative for Insurance & Financial Services, Inc. She learned the business from the ground up and in September 2006 she decided to move forward with obtaining her Property & Casualty license. Amy has 11 years of experience starting in commercial truck and freight broker insurance. While she continues to serve her clients she also offers personal auto, home, renters, and small business insurance. Amy prides herself with customer service and making sure her clients have the coverage they need.

Amy was born and raised in Chesterfield County. In her free time, she enjoys spending time on the softball field watching and coaching her daughter as well as vacations at the family home at Lake Gaston, NC with her husband, Curtis, and their children Curtis Jr. (wife Breanda), Cameron, Ciara, Andrew, and Theresa.