Get Audit Info
Get Audit Info
Some insurance products are based on estimated exposures when initially sold. Those policies are subject to an audit of these exposures after the policy expires. If that’s the case for your policy, we stand ready to assist you with the process or getting more information.
If you would like a copy of an audit, have questions about your audit or the audit process, please contact us at:
[email protected]
Preparing for a Payroll Audit
All businesses that carry workers’ compensation insurance must complete annual premium audits. Workers’ compensation policy premiums are based on payroll estimates you provide at the time of your insurance application, or estimated payrolls reported through a pay-as-you-go program. At the end of your annual policy period, a final premium audit is conducted to determine if you paid the appropriate amount for your workers’ compensation insurance. Your final premium audit is based on actual payroll, operations and job classifications for the expired coverage period.
Often times, workers’ compensation premium audits require you to fill out numerous paper documents and mail them back to your insurance carrier. This can make the audit process feel complex and time consuming. At AmeriTrust we strive to make the process easy so you can get back to doing what you do best – servicing your customers and growing your business.
