The policy
State, annual payroll, current cost, and your renewal date.
Workers' compensation
Your renewal is coming. This is what to have ready.
A renewal is easier to influence before it is issued than after. What matters is knowing where your figures stand and getting the documents in front of someone who can use them while there is still time.
Starting early changes what is possible. It does not guarantee a different result.
The problem
The renewal is decided before you see it.
By the time a renewal arrives, the figures behind it are already set. The useful window is ahead of that date, while your payroll, classifications, experience modification and loss history can still be reviewed and presented.
- Your renewal date is within the next few months
- Last year’s renewal arrived as a surprise
- Nobody has looked at your account since the last one
Your starting point
Know where you stand before the date.
Comp Check establishes the position. The documents let the broker act on it.
The rating
Your experience modification now and the year before.
The documents
Declarations page, loss runs, and your most recent audit.
The next decision
You go into the renewal knowing the position.
The broker reviews the account and tells you what is worth doing before the date, and whether there is time to do it.
Run Comp Check