FAQ's about Workers Comp Insurance

What do I need in order to get a quote?
Our carriers require your basic information: name/address, annual payroll by NCCI class code, and 4 years of loss runs.

Will you broker business for other agents?
Yes. Some of our carriers allow us to place coverage for other retail brokers.

What are loss runs?
Loss runs are documentation of your claim activity through your carrier. Even if there are no claims, the record will reflect that no claims have occurred.

How do I obtain loss runs?
Contact your current agent or you carrier directly and request them.  We are happy to obtain them on your behalf at no charge.  Your signed authorization is required.

How long does it take to get a quote?
Once the underwriting information is complete, a response may be available as short as same day or as long as two weeks. A few days is the average for accounts with favorable classifications and claims history.

To Learn more about our Payroll Service Pricing visit us at PaySmart