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Answers to your FAQ's

The answer to your FAQ is below

When should you request a loss analysis statement?
Every year you should request a loss analysis statement to substantiate your record to any possible new insurer. It is an essential part of good record-keeping. The longer you maintain a record of few or no losses (without a gap of time being uninsured) you will find lower and lower workers compensation premiums being offered to you. The companies look at those numbers very closely. Look to see if you qualify for a safety group. Most carriers have special programs for certain classes of workers.

Other Question in this Category are listed below.

Workers Compensation
1. Do you have to respond to each company request for a report of payroll and why?
2. How are Rates established?
3. How do I get Worker's Compensation?
4. How do you select temp helpers for a construction project?
5. How long are Policies written for?
6. Should I be concerned with insurning myself?
7. What classifications are there for miscelaneous task positions?
8. What do I have to do to Start Coverage?
9. What happens if I leave another insurer without fully paying them?
10. What is the Definition of Employers' Liability Insurance?
11. What is the Definition of Experience Modification Rating
12. What is the Definition of Experience Rating Period?
13. What is the Definition of WCIRB
14. What is the Definition of Workers Compensation Insurance?
15. What is the Final Premium based on?
16. What is the quoted premium?
17. What needs Financing?
18. When do I need to make a Claim?
19. When is the best time to change to a different company?
20. When should you request a loss analysis statement?
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