Best Workers Comp Policy And Audit Tool Inexpensive
One of the best Workers Comp policy and audit review tools is not some type of overly expensive software or app. The use of a highlighter and a print out of your complete Workers Comp policy will work wonders for examining your current Workers policy and subsequent premium audit.

If the access to your policy is online, then you can use the highlight button on your PDF or Word file.
I always recommend reading the whole policy as you will be surprised what is in there. Making the effort to examine your policy is a great way to begin cutting your Workers Comp costs.
You can always just review the Dec Page (Declarations Page). However, the Dec Page may only cover approximately 20% of your policy at the most.
When reviewing your policy, highlight anything you do not understand or any confusing clauses. These will need to be covered with your agent or consultant BEFORE you sign off on the policy or agree to finalize any premium audit results. This is no way means there may be something wrong with your policy or audit.
However, if you are going to sign off what you will have to live with for the next year, it may be in your best interest to bring up questions and concerns as soon as possible. Waiting until after the policy audit results are mailed to your company is not necessarily too late. The longer you wait, the more difficult it becomes to review any questions that you may have had in the past.

When our clients contact us about performing a review of their premium audits, we often hear that there were questions when the policy was quoted or issued. Your agent should be and usually will be happy to answer any of your questions. That is part of his/her/their services to earn their commissions they charge for quoting and binding your policy.
The longer an employer waits to question anything on a policy oar premium audit, the more leverage is lost if there is a dispute. If you are reading this and have questions or either your WC policies or premium audits, there are tens if not hundreds of answers in this blog.
The bottom line is the best the best workers comp policy and audit and review tool is the attention that you or your staff is giving to your insurance program by just paying attention to what is occurring in your policies and audits.
If you still have questions, feel free to drop us a note on our contact page or at [email protected].
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