How to Get Same-Day Workers’ Comp Coverage
Getting same-day Workers’ Compensation can be crucial for companies facing consequences for not having insurance. If you’re in need of a policy immediately, how can you get it? If you need same-day Workers’ Compensation, begin by providing our...
How to Get a Standalone Workers’ Compensation Policy
Insurance can be a complicated and confusing topic for many. When it comes to the coverage you need for your business, will you have to get a standalone Workers’ Compensation policy? Can you choose to get one? A standalone insurance policy is often needed when a...
Can You Get Dumped by Your Insurance Because of a Bad Workers’ Comp EMR Rating?
Workers’ Compensation premiums are calculated using experience modification rates (EMRs). Having a bad EMR means your company is at a higher risk of workplace accidents and might see its coverage dropped. Experience modification rates help Workers’...
How to Lower Your Workers’ Comp Experience Modification Rate
When high, an experience modification rate, also known as an e-mod, can result in expensive Workers’ Compensation coverage. So, how can you lower your Workers’ Compensation experience modification rate? Lowering your company’s experience modification...
What Causes a Workers’ Comp Experience Mod to Go Up?
A workers’ compensation experience modification, or experience mod, is a numerical factor used by insurers to adjust an employer’s workers’ compensation insurance premium. It is calculated by comparing an employer’s actual claims and costs with...
What is the Lowest Workers’ Comp EMR Possible?
Every employer paying attention to their workers’ comp costs eventually asks the same question: how low can my experience modification rate actually go? The short answer is that the lowest EMR you can get hovers around 0.5. An employer at that level is being...