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7 Dirty Secrets of Workers Compensation Insurance - Dirty Secret #4 PDF Print E-mail
Articles - Workers Compensation Insurance
Article Index
7 Dirty Secrets of Workers Compensation Insurance
Dirty Secret #2
Dirty Secret #3
Dirty Secret #4
Dirty Secret #5
Dirty Secret #6
Dirty Secret #7
All Pages

Dirty Secret #4

Experience modification factors are often wrong or mismanaged

Most insurance buyers accept on “good faith” that their experience modification factor is correct. Why? You need to know, because most of the time it may be wrong and the insurance company benefits. Even correct, these are simple strategies to lower it. Do you know these strategies?
  • Your entire payroll is put into the highest classification


 
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