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Thread: Workers comp costs

  1. #1
    Mandelon
    My costs are coming way down....my premiums have dropped nearly 40%
    I like it.

  2. #2
    OGShocker
    My costs are coming way down....my premiums have dropped nearly 40%
    I like it.
    Mine dropped by 30%. Fockin' Arnie!

  3. #3
    INSman
    We have thankfully taken (4) consecutive rate decreases, starting on 7/1/04, 1/1/05, 7/1/05 and 1/1/06.
    This is great, but this doesn't mean your broker is doing a great job or a poor job when rates turn back around and start heading north again, which they will.
    Keep an eye on your Experience Modification and make sure the broker is doing the same. This is the one thing that you can help to control, whereas rates you CANNOT.

  4. #4
    Stingray69
    Who is the company?

  5. #5
    Ziggy
    Mine dropped $1500 a month.........hope it stays that way or better....got good exp# anyhow so its going in the direction it shouldv'e always been.

  6. #6
    OutCole'd
    Mine has dropped over 25% in the last two years. :rollside:

  7. #7
    YeLLowBoaT
    Who is the company?
    What he said.... my rate for my 1 "part time" employee( less then 30 hrs a week) is just nasty....

  8. #8
    ROZ
    Mine has dropped over 25% in the last two years. :rollside:
    he's talking about workman's comp rates and not your pants you HOMO!

  9. #9
    OutCole'd
    he's talking about workman's comp rates and not your pants you HOMO!
    Sorry, I always get the two confused. :cry:

  10. #10
    ROZ
    Sorry, I always get the two confused. :cry:
    come to think of it, one doesn't happen without the other when it comes to insurance

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