When evaluating a workers compensation agent in Naples, FL for your construction company there are a variety of factors to consider. In this blog we will cover a few of the key areas to research and give you some tips on how to save money on workers compensation.
A value added insurance agency provides a variety of resources to it’s clients and one of the most important workers compensation services is the implementation of a good safety program. Dane Insurance Group delivers at no cost to our clients a full time safety director along with the ability to schedule in person safety meetings for your construction company.
We offer ladder training, OSHA training, OSHA 30 and OSHA 10 hour training, forklift certifications and help with DOT driver compliance. Driver training is another important aspect of our safety programs as the roads in Naples, Florida are full of older drivers. The infrastructure in Naples is shrinking among the influx of new residents leading to more auto accidents and the associated litigation that is dramatically increasing auto insurance rates for construction companies is SWFL. We will cover tips for saving money on Auto Insurance in a later article.
A crucial key to workers compensation is understanding your experience modification factor. This acts as a credit score for your business and either gives you a large discount on work comp or for some with poor claims history gives your business a debit rating meaning you are paying more than the market rates set by Florida. The Dane Group has a claims department that helps lower the experience modification factor for your business through review of claims coding and implementation of safety meetings. When looking for an insurance agency specializing in construction in Naples, FL be sure to evaluate if they have a claims department and if they have a safety director.
One quick tip for cheap work comp insurance is to make sure you have your max credits applied. Did you know that you can save 7% on your workers comp policy today just by implementing a drug free and safety program? This specifically helps a roofer work comp program and a painter work comp program since the premiums are generally much higher. Roofing contractors workers compensation is hard to manage but with claims management and safety services they can get affordable workers compensation in Naples, FL.
Who has the best dividend for work comp? That would be us here at The Dane Group. We have carriers that will rebate up to 50% of your premium back at year end if your company has no work comp claims. We also offer PEO Services for Roofing Contractors and PEO Services for Pool Contractors in SWFL. Employee Leasing for pool contractors is a great way to shed an old E-Mod and move on in style!!!
