70% of Businesses are due a Workers Comp Refund

70% of companies are due a workers comp refund because they have (unknowingly) overpaid on their workers’ comp premiums.

Workers’ comp premiums are a large expense, often the third- largest expense, behind payroll and healthcare. This is particularly true for work that is considered to be risky. We consistently find large refunds for companies in the following industries:

  • Manufacturing
  • Construction
  • Auto dealerships
  • Casinos
  • Health care
  • Oil and gas
  • Hospitality
  • Restaurants
  • Municipalities
  • Landscaping
  • Retail
  • Temporary staffing
  • Transportation
  • Warehousing

We tend to find our largest refunds for companies in New York, California, New Jersey, Alaska and Delaware where workers’ comp premiums are much higher than the national index. But no matter which state you are in, if you are due a refund, we’ll find it.

workers comp refund
The biggest refunds are often found in New York, California, New Jersey, Alaska and Delaware.

How We Find Your Refund

Our audit team has over 50 years of combined experience in workers’ compensation matters. We go back as far as seven years to review all aspects of your workers’ comp premiums, including (but not limited to):

  • Job classifications
  • Experience ratings (ex-mods)
  • Payroll audits
  • Rates
  • Applicable discounts

Many of the refunds we find for our clients come from improperly calculated or mis-applied experience ratings. It is not the job of the workers’ comp insurance company to determine if you have been overcharged!

Our team of professional auditors are familiar with each states’ insurance statutes and rating bureau rules, and understand how workers’ compensation premiums are computed. We’ll provide you with a written report documenting the overcharges, and include supporting documentation needed to recover the overcharges. We will even collect the refund for you.

We work on a contingency fee basis, so you incur no risk. In other words, if we can’t find you a workers comp refund, there is no cost for our time or effort. Our workers comp refund service is available to companies nationwide (except in ND, OH, WA & WY) paying $40,000 or more each year for workers’ compensation insurance.

Are you due a refund? Probably. Let’s take a look at your premiums from the last few years. It starts with a phone call. Request a call now.

Expense Reduction Partners