Worker's Compensation insurance audit help for employers and contractors in Frederick, MD and throughout Maryland. We prepare and organize all your documentation, review your workers' classifications and stand with you through the audit so you don't overpay on your premium. Available in Spanish.
The Worker's Comp audit is an annual review your workers' compensation insurance carrier performs to verify your actual payroll and how your workers are classified (the so-called class codes).
With that information, the carrier adjusts (recalculates) your premium. Your initial premium was calculated using an estimated payroll at the start of the policy; the audit compares that estimate with what you actually paid during the year. If your records or classifications are wrong, you can end up overpaying or running into problems.
A well-prepared audit, with organized payroll and correct classifications, can save you money. We prepare everything for you, in Spanish.
Your carrier's auditor focuses on verifying who worked for you, how much you paid them and what type of work they did. Here's what they review:
Clear, complete payroll records for your policy period, ready to show.
Every worker in their correct class code based on the work they actually do.
Each subcontractor's COI current, so their cost isn't added to your premium.
We stand with you before the auditor and answer on your behalf, in Spanish, so you pay only what's fair.
We make sure your Worker's Comp audit goes well and you don't overpay. Here's what we do for you:
If you have employees or subcontractors and a Worker's Comp policy, sooner or later you'll face an audit. Especially:
Any business with employees and a workers' compensation policy goes through the annual audit.
Construction, remodeling, roofing, painting, landscaping and more. In these businesses the audit is even more important, because they deal with class codes (risk classifications) and certificates of insurance (COI) from their subcontractors.
If you pay subs without verifying their insurance, that cost can be added to your premium.
Did your carrier already request the audit? We prepare you and represent you.
We serve Frederick, MD and remotely in Germantown, Gaithersburg, Rockville, Silver Spring, Hagerstown, Baltimore and all of Maryland.
Do you have a Worker's Comp audit coming up or already received the letter? We prepare it and represent you, in Spanish. Your first consultation is free.