by Society Insurance Risk Management | Oct 27, 2021 | Workers Compensation
An experience mod or ‘e-mod’ is a modifier that has the ability to lower or raise your workers compensation premium based on your loss history. It is an important number that business owners should pay close attention to in an effort to control workers...
by Society Insurance Team | Aug 22, 2018 | Uncategorized
The premium audit process is designed as a service that guarantees you only pay the premium that you owe. Premium audits help to calculate the premium that a business owner truly owes rather than a premium based on the estimated figures provided when the insurance...
by Society Insurance Team | Jul 25, 2018 | Uncategorized
Business owners are commonly contacted about completing a remium audit after an insurance policy expires or is canceled. The audit process is designed as a service to you that guarantees you only pay the premium that you owe. What is a Premium Audit? The primary...
by Society Insurance Team | Jul 5, 2017 | Premium Audit, Small Business, Society Insurance
There is a process involved in determining insurance cost. There is also a process after a policy period expires to ensure that the policy premium was accurate – this is a premium audit, which is designed to guarantee that business owners only pay the premium they...
by Society Insurance Team | Jun 28, 2017 | Premium Audit, Small Business, Society Insurance
Remember when you couldn’t wait to turn 16 and obtain the freedom that comes with a driver’s license? Then the anticipation of turning 18, becoming an adult and being able to vote. And having your first cocktail at 21. For me, the next hugely anticipated milestone was...
