Thread: Insurance Audit
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Old 03-13-2002, 11:50 AM
lawnboy53 lawnboy53 is offline
LawnSite Member
Join Date: Jan 2001
Location: Neb
Posts: 69
I have an audit every year myself.
Part one is to determine the workmans comp, and I have no argument on that one.
Part 2 is to determine your General Liability rates. This one I have concerns about. They base my premiums off of revenues. I understand this method to a point but if I were to raise all my prices 20% my insurance would go up and the Insurance company would have had no additional exposure.
With this said I'm fairly happy with my rates so I wont rock the boat to much right now.
Craig O'Connor
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