get a quote. call us
toll-free 1-800-716-9948
Workers Compensation Insurance-
FAQ
- How can I save (more)
money on my workers'
compensation policy?
- You can save money on
your workers' compensation
policy by having a Safety
Program, a Drug-Free
Workplace Program, a
deductible, an FCCPAP
credit, lower Experience
Modification Factor,
correct classification of
employees... and Sabal
Insurance Group will help
you with all of these
options.
- Can I pay for my policy
without a deposit?
- Yes, there are payment
plans that ask for nothing
down (except the state
expense constant) and
others that only ask for
the first month's
installment, not to be held
as a deposit.
- Are there any policies
that allow me to pay in a
fraction of the annual
premium?
- Yes, retrospective
rating plans allow you to
pay in a percentage of your
premium during the year. If
you have claims, you pay in
additional premium, but no
more than you would on a
regular plan. If you do not
have claims...you do not
owe any more money. The
percentage can be as low as
30%!
- Can a Workers'
Compensation Policy Cost
Less Than Employee Leasing
Workers' Compensation
Coverage?
-
Yes, in MANY ways...
- employee
leasing coverage
does not offer the
standard credits
you can get with
traditional
workers'
compensation
policies.
- employee
leasing
arrangements charge
you administrative
fees on gross
payroll, you pay
workers'
compensation on the
premium part of
overtime - an
actual increase in
the premium based
for workers'
compensation.
- you are subject
to the leasing
company's
experience
modification factor
while you are with
them AND after you
leave.
- improper coding
of employees by
non-licensed sales
people often
results in higher
rated codes,
etc...
Let's Talk About Your
Workers Compensation Needs
For additional information
on our Workers Compensation
insurance programs, call us at
800 716 9948 or contact us
today.