The Knowledge Base

helpful tidbits from the experts

Workers’ Compensation Audit Checklist

A workers' compensation audit checklist can guide you on how to prepare for your workers’ comp audit when the time arrives. Use the downloadable PDF checklist to make sure that you’re prepared, and follow the steps outlined below to get more insights on exactly what’s required for a successful audit.

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What Payroll is Included in a Workers' Compensation Audit?

During an audit, your insurance company will review your payroll records to make sure the premiums you've paid match the payroll your employees have received. Payroll included in a workers’ compensation audit includes wages, salaries, bonuses, commissions, and other types of employee compensation.

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What Happens If You Ignore a Workers Comp Audit?

If you ignore a workers’ comp audit, you may face a significant noncompliance charge. Also, the insurance company may decide to cancel your current policy, even once you pay the noncompliance charge.

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Workers' Comp Audit: 6 Tips to Avoid a Surprise Bill

Workers' compensation is an essential part of any business. What makes it challenging is that the payment structure requires an up-front payment based on projections, with any remaining balance due at the audit.

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What is a Workers’ Compensation Audit? - Kickstand Insurance

Your company's payroll will be reviewed and verified during a workers' compensation audit. Since the payroll paid to your employees over the course of a policy term directly affects the workers’ compensation premiums, auditors look at your payroll at expiration or cancellation of every workers' comp policy.

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