Does your workers comp provider owe you a refund?
DID YOU KNOW?
72% of businesses overpay on their workers compensation premiums. Find out if you’re one of them.
If you’re like most businesses, you’ve never audited your insurance carrier. But you can, and you should.
At the start of each year, your insurance provider attempts to accurately calculate your yearly risk and charge a premium that matches. However, actual claims rarely match those projections. And if your claims were below those projected? You’re owed a refund.
Simply authorize our team to get started, and we’ll get right to work.
We’ll conduct a thorough review of your currently issued and past policies and audits to uncover errors in the way the premium may have been calculated.
You’ll get a detailed report of our findings, with 100% transparency for your review. We will then submit the corrections to your carrier.
We’ll correspond with your provider and/or the Compensation Rating Board or NCCI to process the adjustments and facilitate your refund.
Comp Refunds has partnered with the renowned workers comp recovery team, “Premium Paybacks”. For over 30+ years, our teams of actuaries, accountants and insurance specialists have applied skill, expertise and industry know-how to identify any error and extensive overpaid premiums.
To date, we have saved over 100 Million in overpaid insurance premiums on behalf of our clients.
“Premium Paybacks was able to find us a significant refund for previous years of Worker's Comp Insurance payments. This required little effort on our part as they handled the heavy lifting, happened quickly and efficiently, and Premium Paybacks was in constant communication the entire time. We appreciate their help and diligence and would recommend them to other organizations.”
“Vlad Restoration Ltd. would like to extend our gratitude & satisfaction to you and your team. We were very satisfied with your services and the fast return of the money owed to us, even though we did not put in that much work. Thank you again for helping our company out and for your awesome services.”
“Working with you was not only a pleasure but extremely profitable as well. We received a significant refund from NY State Insurance Fund within 2 weeks of signing an agreement. It was a smooth process that didn't require much on our end. The persistence and aggressiveness has sure paid off.”