26 Nov Low Price Workers Comp for Moving Companies
Low Price Workers Comp for Moving Companies
Moving Companies tend to have particularly high Workers Comp rates. There are ways however to bring the price of the Workers Comp down. We will go over
some of the things you can do to get your Workers Comp for a low price.
Low Price Workers Comp for Moving Companies – Maintaining Coverage
Many people don’t realize this, but maintaining continuous coverage without lapses can go a long way in getting the price lowered on your Moving Company’s
Workers Comp. This is because many carriers offer discounts and/or credits to companies that maintain consistent coverage. There are steps you can take to
assure your policy stays active. You can pay your policy in full, or get enrolled in automatic direct draft payments. This will help ensure your policy does
not get cancelled for something easily avoidable like non-payment of premium.
Low Price Workers Comp for Moving Companies – Formal Safety Procedures
Implementing formal safety procedures is another great way to get your Workers Comp premium lowered. These safety procedures can include monthly safety meetings,
a buddy lift system, a return to light duty plan, or even something simple like providing safety equipment for employees. Implementing a plan like this is
especially important for Moving Companies, as Workers Comp carriers like to see that your Moving Company is proactive when it comes to safety.
Low Price Workers Comp for Moving Companies – Employee Classifications
As you may already know, employee classifications go a long way in determining your Workers Comp premium. For those Moving Companies with clerical or outside
sales employees, you may be able to separately classify these employees under a different rate. Separately classifying these employees can drastically reduce
the premium of the policy, as the clerical and salespersons class codes are much lower than the class code applied to the employees moving furniture.
If you would like assistance in getting Low Price Workers Comp for your Moving Company, we would be happy to help! Give us a call a 925-297-4829.
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All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.
Content Goes Here
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.