What information does APEX Audit?
We are hired by employers, on a contingency-fee basis, to review their Workers’ Compensation insurance costs, and to find and recover premium errors and overcharges in current and past policies. We double-check the experience modification factors and all the other premium calculation factors that insurance companies use to calculate your Workers’ Compensation insurance premiums. In our experience, such errors and overcharges are occurring far more often than many in the insurance industry are going to admit — 90% of the time — and which can cost you a tremendous amount of money. The complexities of rules governing proper experience modification factors and the varying state regulations and statutes mean that many employers are overcharged without even knowing it.