Who makes sure the price is right?

We do—with the help of your customers.  Zenith conducts "premium audits" to help prevent premium adjustments.

In a premium audit, we confirm that we're using accurate information about your customers' businesses to calculate premium.  The cost of workers' compensation insurance depends on the nature of a business. Variables such as payroll figures and the types of jobs that workers perform affect the price of coverage.

How do Zenith's premium audit services help your customers save money?

• We fix errors that might otherwise produce inaccurate premium.  Mistakes in business group classification can lead to underpayments that can results in retroactive billing—or overpayments that can affect your customers' working capital. 
  
  
• We offer "payroll segregation."  When a worker has multiple functions within a business, payroll segregation allows businesses to have more than one classification.  These classifications often have different premium rates.

Our premium audit staff will work with your customers to:

• Identify cost-savings measures they can take in terms of classifying workers, verifying payroll and other steps.
• Provide instruction on proper payroll reporting.
• Prepare reports to make the final audit process flow smoothly.
• Explain potential credits at the final audit (such as overtime, severance and tips). 
• Suggest additional potential cost savings related to bonuses, car allowances and other factors.