Audit Help

Why do insurance audits exist?

Insurance audits are a standard practice where your insurance carrier verifies the information you provided when you purchased your policy. Since workers' compensation premiums are based on your actual payroll, the carrier needs to confirm the amounts you paid during the policy period to calculate your final premium accurately.

What to expect

Your insurance carrier is verifying payroll paid during your previous policy period so your premium can be calculated correctly.

During the audit, you'll typically need to provide:

• Payroll amounts actually paid (by employee and totals)
• Payment methods (check, cash, electronic)
• Independent contractor payments (1099s) if applicable
• Supporting bank statements and tax forms

The audit process

Most audits are straightforward. The auditor will review your payroll records, payment documentation, and any supporting materials you provide. They may ask clarifying questions about your business operations, payment methods, or subcontractor relationships. Being prepared with organized documentation makes the process smooth and helps ensure accurate premium calculations.

The Audit Packet tool below helps you organize all necessary documents and information before your audit, compiling everything into a printer-friendly PDF package that you can email directly to your auditor.