No Minimum Payroll Requirement
The good news is that there is no minimum payroll requirement for the class codes we use. This means that businesses of all sizes, regardless of their payroll scale, can find coverage options that fit their specific needs. Whether you're a small business with a lean payroll or a larger organization, our flexible policies are designed to accommodate a wide range of payroll structures.
Accuracy is Key
While there is no minimum payroll, it’s crucial to ensure that the payroll you report for each class code is accurate. Accurate payroll reporting is essential because it directly affects your premium calculations and helps prevent any discrepancies during audits. Misreporting payroll, even unintentionally, can lead to issues with your coverage and may result in additional charges or adjustments.