Why Conduct a Workers’ Compensation Premium Audit with WorkComp Premium Recovery Group?
You need the perspective of an unbiased, independent review
Our vast experience in the workers’ compensation premium arena
indicates that 75% of all employers have overpaid or are currently
overpaying on their Workers' Compensation premium costs. With
over seven hundred (700) different business classifications, there
may be opportunity for a lower rated classification for your employees
or operations. Rarely are classification codes challenged which
allows for a significant opportunity for recovery.
In addition, many of our workers’ compensation refund recoveries
are a result of incorrectly calculated experience ratings which are
rarely verified by the agent or workers’ compensation insurance
carrier. In many cases, discounts promised in proposals are
not applied on the final audit billing statements.
We know where and how to obtain proprietary workers’ compensation
premium information and cost saving rating plans which are not ordinarily
disclosed to policyholders by the workers’ compensation insurance
carriers. Last but not least, there is an inherent conflict
between the agent or broker’s role to reduce premium costs and
the commissions earned on a workers’ compensation policy.
Our services are available to companies in all NCCI rated and independently
rated states.
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