How a Workers' Compensation Audit Works | biBERK

Small business insurance costs are not fixed; they depend on various factors that can change during the policy's duration. In certain states, insurance audits may be required to ensure accuracy. Business insurance often relies on payroll figures, necessitating precise reporting at the policy's end to align premiums with actual operations.

Several variables influence insurance costs, including business size, coverage needs, and claims history. As your business evolves, your insurance needs and premiums may fluctuate. Keeping your insurer informed of changes is essential to maintain appropriate coverage.

Your state may require an audit since some factors may change during the life of the policy. Watch this video to get more information about biBERK’s Worker’s Comp audit and processes.

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About biBERK

At biBERK, our goal is to make consulting business insurance easy to understand, easy to buy, and most importantly, easy to use. Our mission is to give companies who require consulting business insurance the peace of mind to do what they do best, knowing that they’re protected.

We provide a range of business insurance options, including:

Workers’ Compensation
General Liability
Professional Liability (also called Errors & Omissions Insurance)
Business Owners Policy (BOP)
Commercial Auto
Umbrella

biBERK has provided consulting business insurance coverage for tens of thousands of companies nationwide. As part of Warren Buffet’s Berkshire Hathaway Insurance Group, we have over 40 years of experience and more than 100,000 happy customers.