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Work Comp Insurance Audit

Business Planning | Preservation | Solutions

A work comp insurance audit is a review of records by an insurance company to verify the payroll and class codes of a business for workers' compensation insurance¹²³⁴. 


It may be done by mail, phone, or in-person¹². It ensures that the business has paid the correct premium for the previous year and adjusts it if necessary¹³⁴. 


Class codes classify different job duties and their exposure to risk⁴. Workers' compensation insurance covers employees who sustain injuries in the workplace⁵.


We are here to assist in your insurance and planning needs. Please reach out to us today. And, as our gift, you are welcome to download this informative FREE resource.  


Thank you,



(1) What’s a workers’ comp audit and how does it work?. https://pieinsurance.com/blog/workers-comp/what-is-a-workers-comp-audit/.

(2) Workers’ Compensation Audit | The Hartford. https://www.thehartford.com/workers-compensation/audit.

(3) 6 Common Mistakes on Workers' Comp Audits That Can Cost You. https://www.hourly.io/post/how-to-avoid-pitfalls-on-a-workers-comp-audit.

(4) Workers Compensation Insurance Audit. https://www.workerscompensationshop.com/workers-compensation-audit.

(5) What Is a Workers’ Compensation Insurance Audit? | Insureon. https://www.insureon.com/blog/what-is-a-workers-compensation-insurance-audit.

Work Comp Insurance Audit
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LIFESTYLE PLANNING GROUP, LLC

DUNEDIN, FL 34698-6553

727-738-0294

ASSET PRESERVATION, GUARANTEED INCOME AND LONG-TERM CARE PLANNING SPECIALISTS
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Asset Preservation, Insurance Protection and Guaranteed Income Planning

By providing information, you may be contact by an insurance agent/agency.
Any voluntarily submitted or collected information is used solely for the purpose of insurance underwriting and price quotes and not sold or used for any other marketing or solicitation purpose.

Not affiliated with CMS, Medicare or any other federal and state agency. Content on this site is not intended to provide legal, accounting or tax advice.

Consult your legal, tax accountant, financial and insurance professional for more advice.

 

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