Workers compensation premiums are typically based on estimated payroll figures determined well in advance of the policy’s activation. The chief complaint of employers who must pay for these premiums is that these estimated figures do not accurately reflect actual payroll costs.
To address this complaint and offer employers a more feasible premium, Pay As You Go Workers Compensation has been designed to factor in net rates based on specific payroll periods. This eliminates the need for costly down payments or deposit premiums.
Learn more about our NJ workers compensation insurance solutions by speaking with one of our dedicated agents. Together, we can find a solution that protects you, your employees and your bottom line.
For Pay As You Go Workers Compensation Insurance in New Jersey, American Insurance Services Agency is your insurance agent of choice. We also offer affordable NJ auto, business and home insurance coverage and policies.
Contact us today for more information.
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