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What is a Premium Audit?

What is a Premium Audit?

While workers’ compensation requirements can differ between states, many policies include a routine premium audit process. Depending on the results of a premium audit, an organization may either owe additional expenses to their insurer or have funds returned to them. Review this guidance to learn more about premium audits, how to prepare for an audit, and the next steps following an audit.

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Home > Business Insurance

two people conducting a premium audit
What is a Premium Audit?

What is a Premium Audit?

While workers’ compensation requirements can differ between states, many policies include a routine premium audit process. Depending on the results of a premium audit, an organization may either owe additional expenses to their insurer or have funds returned to them. Review this guidance to learn more about premium audits, how to prepare for an audit, and the next steps following an audit.

Read More

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