Workers Compensation Electrical Contractor
Workers’ Compensation Electrical Contractor
Click Here Now Or Call AmeriAgency At 888-851-5572 To Start Saving up to 27% On Electrical Contractor Workers’ Compensation
You can control the cost of your organization’s workers compensation insurance with a few insider tips used by workers compensation cost control consultants. What follows are three proven methods to reduce the cost of this vital insurance to the absolute minimum.
Click Here Now Or Call AmeriAgency At 888-851-5572 To Start Saving up to 27% On Workers’ Compensation
Your experience modification
Most contractors accept the experience modification (ex-mod) as an absolute number, with little ability to improve. That’s a mistake that can cost large sums of money and put the electrical contractor at a competitive disadvantage when bidding for work.
Click Here Now Or Call AmeriAgency At 888-851-5572 To Start Saving up to 27% On Electrical Contractor Workers’ Compensation
Here is how you can improve your ex-mod. Begin by obtaining a copy of your experience rating worksheet. This document contains the payrolls, claims and other factors that make up the ex-mod. You should have received a copy of the worksheet in the mail, but if you did not, it is available from your insurance agent or broker, direct from your insurer, or by ordering a copy from the National Council on Compensation Insurance (NCCI) in Boca Raton, Fla.
Click Here Now Or Call AmeriAgency At 888-851-5572 To Start Saving up to 27% On Workers’ Compensation
With that worksheet in hand along with an up-to-date loss run, check the following: Ensure the claims that have been charged to the ex-mod under the column labeled “Act Inc Losses” belong to your firm. We have seen firms charged for claims that belong to someone else, so it is a good idea to confirm that your ex-mod only contains your company’s claims.
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