Understanding How Workers Comp Insurance Premiums Are Calculated

Working day in and day out checking over Workers Comp insurance audits and policies, it's sometimes easy to forget that, for a lot of small or new employers, there can be a lot of mystery and misinformation surrounding the cost and coverage of a Workers Compensation insurance policy. Insurance agents don't always do as good a job as they might explaining the fine details of these matters, particularly in the case of small businesses that don't generate a lot of premium and commission.

We've put up a lot of information on these subjects on our website, cutcomp.com. In fact, we have a whole online guide to these subjects.  You can find out detailed information there about remuneration, classification codes, experience modifiers, premium audits, and related matters.