What type of insurance is most commonly required for construction workers?

Workers' compensation insurance is most commonly required for construction workers as it provides essential coverage for employees who may suffer job-related injuries or illnesses. This type of insurance is specifically designed to protect workers by providing medical benefits and wage replacement when they are injured while performing their job duties. It serves to ensure that workers can receive the necessary medical treatment without facing overwhelming financial burdens, thus promoting a safer workplace environment.

On the regulatory side, many states mandate workers' compensation insurance to safeguard workers and limit the liability of employers. This makes it an integral part of the risk management strategy for construction companies. By having this insurance, employers can offer support to their employees while also protecting themselves from potential lawsuits that could arise from workplace injuries. This unique focus on employee protection and responsibility is what distinguishes workers' compensation insurance as the most common requirement for those in the construction industry.