Your premium has been calculated using estimated payroll provided to us by you and your agent prior to the start of your policy term.
Since your business may change during the course of the policy term, we will conduct a premium audit after the end of the policy term, to compare the original estimated payroll with actual payroll confirmed by your payroll records.
Once your policy term has expired, our audit representative will contact you to arrange a meeting to review your payroll records and overall business operation.
It’s our goal to assist you in projecting accurate exposures and recordkeeping relative to your workers’ compensation costs.
