Audited premiums for workers compensation insurance are based on rates, payrolls, classifications, experience modifications, discounts, credits, and other factors which are often erroneous. Unless you are familiar with the rules and regulations used to calculate premiums, there is a good chance that your business has been overcharged. Honest mistakes and procedural errors often favor the insurance company.
We specialize in the recovery of premium overcharges made by insurance companies on current and previous policies and will show you how to minimize this expense for the future. Best of all, our fee is based on the refunds you receive from the insurance company. No refund, no fee.
Most clients were unaware of being overcharged!
Most of our clients get refunds!
Future savings are yours!
Workers Compensation Audit Specialists is a team of former insurance company executives ready to share our knowledge with you. Having achieved management level positions while working in the insurance industry, we know where to look for premium overcharges and how to get refunds processed through the system.
We understand underwriting and audit procedures, and will analyze the premiums from your point of view, in complete confidence. If you have been overcharged, we will get your money back for you. Insurance companies are prohibited from retaining improper premiums once they have been notified of errors, and we are skilled at identifying them.
Many of our clients sensed something might not be right, but were not certain. They were very surprised when their insurance carriers refunded the overcharges from three years ago, and sometimes longer.
Businesses, agents, brokers, attorneys, CPA’s, and insurance consultants have relied on us since 1986 because they realize mistakes result in higher premiums.
If you have been overcharged, and most of our clients have been, we will recover the overpayments for you by applying rules that the insurance carrier must abide by. Let us become a part of your cost reduction strategies.