At Soles Insurance Group, we pride ourselves on providing our clients with unparallel service, commitment and systems to guarantee to reduce the hidden worker's compensation cost that drive premiums. You're probably right, 70% of all experience mods are incorrect in favor of the insurance companies. Our team of experts can identify the specific errors in your company's claims data that is responsible for increases in your worker's compensation insurance premiums.
Services
We are a full service commercial insurance agency with an expertise in Worker's Compensation insurance & Risk Management.
Worker's Compensation Insurance is without question the most complicated line of commercial insurance and our unparalleled expertise in this area will insure that you company will endure all of the perils associated with claims management, audits, hiring practices, loss control, return-to-work programs, experience modifiers.
We also provide a complete line of General Liability, Business Personal Property, Inland Marine, Business Auto, Commercial Umbrellas and commercial bonding.
Worker's Compensation Insurance is without question the most complicated line of commercial insurance and our unparalleled expertise in this area will insure that you company will endure all of the perils associated with claims management, audits, hiring practices, loss control, return-to-work programs, experience modifiers.
We also provide a complete line of General Liability, Business Personal Property, Inland Marine, Business Auto, Commercial Umbrellas and commercial bonding.
Q: Work Comp rates are mandated by the "state" work comp cost should be the same with every insurance company, right?
A: No.
This is the most misunderstood portion regarding your worker's compensation insurance premium calculation.
The rates are only the starting point and carriers do indeed have to abide by NCCI rate calculations, but your final premium cost ultimately is determined by your program placement, claims manager, dividend scale and skill level of your insurance agent to provide your company with a product that is molded to fit your company's specific needs.
A: No.
This is the most misunderstood portion regarding your worker's compensation insurance premium calculation.
The rates are only the starting point and carriers do indeed have to abide by NCCI rate calculations, but your final premium cost ultimately is determined by your program placement, claims manager, dividend scale and skill level of your insurance agent to provide your company with a product that is molded to fit your company's specific needs.
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