Workers Compensation Premium Audit
Why a Workers Comp Audit?
You need the perspective of an unbiased, independent review of your workers’ compensation premiums.
Our vast experience in the workers’ compensation premium matters indicates that approximately 70% of all employers have overpaid or are currently overpaying on their Workers’ Compensation premium costs. The system that determines your premiums is extremely complicated involving many entities including rating bureaus, insurance company underwriters and insurance agents. For example, when it comes to establishing appropriate classifications with hundreds of unique business classifications, there is a significant opportunity for a lower-rated classification as they are typically determined by insurance company underwriters and rating bureaus while agents have limited control of the classifications applied.