California Workers Compensation
As Workers Compensation rates increase for California employers yet again, what can be done to to save money on the cost of your Workers Comp?
As you look at the various pages on our Website hopefully you can get a feel that the answer is not anyone simply thing, rather it is many things working together to control costs.
How Do I Lower My Worker’s Comp Insurance Rate?
CA Worker’s Comp costs can be lowered significantly by coordinating all the available resources available to reduce the number and size of claims. In insurance we refer to these two cost drivers as frequency and severity.
It starts by understanding that the rates an insurance company charges you for your CA Worker’s Compensation can be debited, or credited by as much as 55%!
The second thing is to understand how your modification factor is determined. Understanding the cost of a Workers Compensation claim isn’t an easy task. GDI Insurance Agency, Inc. uses a software program to both project what your companies Workers Comp modification factor is today, will be next year, and to project your trend 2-5 years in the future.
Next is to make sure your company is in compliance. Illness and Injury Prevention Plans are the foundation that support CAL OSHA compliant safety programs. All should be coordinated to reduce the number and size of claims you have. Looking back at your loss history is a good place to learn what should be done first.
Getting quotes from almost every insurance company is the 3rd step… A broker from GDI Insurance Agency can help you with everything you need to do!
GDI Insurance Agency, Inc. California Worker’s Comp Experts!
We can get you better rates today, and position you to get better rates in the future.
We can’t control what the politicians do, but we can help you control what you can! Do you know that California Worker’s Compensation rates can be discounted by as much as 55%? And that your CA modification factor can save you nearly another 40%!
GDI Insurance Agency, Inc. offers all it’s clients free OSHA compliant safety programs tailored to your business and focused on reducing the claims you are having. We support this with a full HR program that is the platform used for integrating your workers compensation claims cost control program, which we put together and monitor for you.
GDI Insurance Agency, Inc. clients get all these benefits, plus lower rates and no surprises at renewal as we monitor and project you CA workers compensations Modification Factor!
Contact GDI Insurance Agency Today!
California Workers Comp Rates are increasing fast. Turlock, CA is the home of GDI Insurance Agency, CA Workers Comp cost savings experts. We follow proven methods to reduce the cost of your Workers Compensation. Above is just one example of a Central California company that saved on their Workers Compensation by calling GDI Insurance Agency 1-888-991-2929.
Here is a simple overview of how a broker at GDI Insurance Agency can help you Save up to 52% on your CA Workers Comp.