What is Workers Comp?
Workers compensation provides wages and medical benefits in case of an on-the-job injury. In exchange, the employee gives up his or her right to sue the employer for compensation.
We provide Pay As You Go Workers Compensation plans where you pay the premium based on your payroll run rather than deposits or upfront payments.
Most states mandate employers to carry workers comp insurance coverage because it protects the employer from potential lawsuits by employees.
Most importantly it also protects employees from abusive employers (companies who fail to provide the right tools and good working conditions for their employees).
Direct Coverage, backed by Employers Insurance
Cerity (backed by Employer's Insurance) is a modern company with cutting edge technology to partner with payroll companies such as AccuPay to simply the workers' comp insurance underwriting process.
You can get a quote in a matter of minutes and bind it for immediate coverage. Since there are no brokers involved, most policies are generally about 30% cheaper than coverages written through brokers.
The most comprehensive search for coverage
AP Intego is one of the largest insurance aggregators in the country. Our partnership avails the largest number of A-rated insurance carriers under one roof to our clients.
From our payroll system, payroll data automatically feeds into AP Intego's system for Pay As You Go billing. Insurance premiums are accurately based on the amount of payroll, ensuring accurate billing and NO policy period-end surprises.
Consistently reliable and personable and readily available
E-Comp is our oldest workers comp partner. With their wide network of carriers (over 23), you are guaranteed to get a competitive quote since each carrier is competing for your business.
We have enjoyed E-comp's customer service since we became partners in 2015.
When payroll is processed, the payroll data feeds into E-Comp's billing system, and you are billed for the exact amount based on the payroll.
How is PAY AS YOU GO Different?
Pay As You Go (PAYG) is the kind of Workers Comp plan that allows you to pay the exact amount of workers compensation premium based on your payroll actual payroll amounts after every pay run. Therefore, PAYG Workers Comp is different and better than the traditional plan since there is no deposit or down payment.
What does that mean?
Well, your premium is calculated on actual payroll hence making audits are also extremely simplified (almost non-existent). Consequently, PAYG saves everyone involved valuable time and money!
Want to learn a little more? See the chart below for a comparison between traditional and PAYG.
Traditional Workers Comp
Pay-As-You-Go Workers Comp
The employer is subject to a minimum of 10-25% of the annual estimated premium
PAYG does not require a deposit or down payment
The annual premium is estimated based on projected payroll for the entire year
Premium is actual. It is calculated on payroll at each pay period.
Traditional workers comp requires actual on site audit (or sending actual reports), documentation and possibly additional premiums could be either due or refunded
Audits are handled internally in most cases. No additional paperwork is needed and there is very minimal adjustments, if any