The premium audit process is designed as a policyholder service that guarantees you only pay the premium that you owe. When your policy was issued, the premium was based on estimated figures. The audit process occurs after your policy expires and will use your actual results (using payroll or sales) to determine your final premium. It is not uncommon for an audit to change the final premium of a policy.
To complete your audit online, click here.
Premium audits are commonly performed on General Liability, Liquor Liability and Workers Compensation policies.
If you’re still looking for answers, here’s a more in-depth look at some frequently asked questions:
For even more details, just download our pamphlet on Understanding your Premium Audit
If you have additional questions, you may contact the Premium Audit Department at 888-576-2438, ext. 5515, or firstname.lastname@example.org