An insurance premium audit is a provision of your policy contract. It is conducted to confirm business operations and to determine if the actual basis of premium is in line with policy estimates. During the process of conducting an audit, an OSI field representative will visit the policyholder's place of business to review records and operations. The goal of performing the premium audit is to ensure that the insurance premium accurately represents the proper risk exposure in accordance to current rules and regulations. For more information about the premium audit process, please click here.