Workers’ Comp Premium Recovery
Three documents.
A number in 48 hours
Declarations pages, your most recent premium audit statement, and your experience modification worksheet. Roughly fifteen minutes of your time.
Workers’ compensation premiums are built from classification codes, experience modifiers, and payroll allocations — a system with hundreds of moving parts, maintained by your insurer and verified by almost no one. It’s error-prone enough that state rating bureaus operate formal test-audit programs to re-check insurers’ premium audits for classification and payroll mistakes. Corrections can be pursued retroactively; how far back depends on your state’s rating rules — which is exactly the kind of detail we check first.
What we look for
Every policy we receive is checked against all five, in this order, before anything else is opened.
- 1
Office and clerical staff coded under higher-rated field or shop classifications
- 2
Overtime premium pay not excluded from auditable payroll (most states rate straight time only)
- 3
Experience modifiers computed from stale or since-reduced claim reserves
- 4
Owner and officer payroll caps and exclusions not applied
- 5
Subcontractor payments charged as payroll without valid certificates of insurance
Where the money hides
A single misplaced payroll line, rated at a field classification instead of a clerical one, can outweigh every other error on the policy.
- What you get
A written findings report showing each error, the rule it violates, and the dollar amount — plus prepared correction filings. If nothing is recoverable, a short written all-clear (worth having: it means your broker got it right).
- What it costs
Nothing up front and nothing hourly. We receive 50% of premium refunds actually recovered. No recovery, no fee — the risk is entirely ours.
- What to send
-
Email or upload, about fifteen minutes.
- 1
Current policy declarations pages
- 2
Your most recent premium audit statement
- 3
Your experience modification worksheet
A payroll summary by job role speeds things up, but we can start without it.
- 1
- How long it takes
Initial assessment with a preliminary number within 48 hours. Full findings report in about two weeks. Refunds follow the insurer’s correction process — typically weeks to a few months, which we manage and chase for you.
We are independent premium auditors. We are not an insurance broker or carrier, we don’t sell policies, and we don’t replace your broker — we check the math.