Don't let your Workers' Comp audit be a surprise

It's that time of year again - Workers' Comp audit season. We know, it's about as fun as a root canal, but a little prep can save you thousands in "surprise" premiums.

Most of our clients who see a spike in their bill aren't actually doing anything wrong; they're just falling into three common traps:

1. Misclassification: Are your "clerical" employees being billed at "construction" rates?

2. Subcontractor Gaps: If you used a sub who didn't have their own COI (Certificate of Insurance), your carrier will charge you for their payroll.

3. The Overtime Catch: In many states, you only pay premiums on straight-time pay, not the "time-and-a-half" portion. If your records don't separate them, you're overpaying.

Innovative Insurance is here to help! Contact us today with any questions about your Worker's Comp audit.