Learn More about
Workers' Compensation
Workers Compensation Insurance may cover:
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Medical expenses
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Lost income/wages
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Rehabilitation costs
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Death benefits
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And more…
Peloton Insurance Brokers, LLC., works with businesses like yours to provide Workers' Compensation reviews, cost analysis, Class Code reviews, Premium Projections and Ex-Mod audits, reviews and projections:
Policies on Monthly Payroll Reporting or monthly fixed payment options to help spread out your payments so you can better manage and project your yearly expenses
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Tailored coverage for the specific risks of your field and industry
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Knowledgeable agents who provide exceptional service
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Fast and simple quotes, helpful and responsive agents
Controlling your Workers' Compensation Costs with Experience Rating Modification Analysis
Many of you may have an Experience Rating Modification already or may be getting close. Your Experience Modification Rate is a number used by insurance companies to reward (Credit) or penalize (Debit) businesses (those with losses) that is multiplied against your Premium Rate per Class Code used and determines your final premiums paid for workers compensation insurance.
The Ex-Mod is determined by your company's workers compensation claim history and payroll and is calculated and published by the WCIRB (for CA companies), depending on your state you will have your own Workers' Compensation Rating Bureau (the most common for many states is NCCI).
To learn more about the Ex-Mod and to sign up to receive an update when your Ex-Mod is updated by the Work Comp Bureau, click the button below.
