Is Pay As You Go New York Workers Comp Insurance Right for You?

Caroline VegaWorkers Comp Tips

New York workers comp insurance

New York workers comp insurance options may seem pretty limiting to many employers and business owners. But there’s one more option that you might not have considered: pay as you go workers comp coverage. This policy option involves using a payroll service to report and handle payroll reporting and premiums.

Although most insurance companies offer discounts based on safety records, association membership and other factors determined by company underwriters, pay as you go programs offer a completely novel way to report your payroll and hold onto your company’s cash flow.

It’s especially suited to companies with high employee turnover rates or seasonal work.

Here are a few blog posts from our archives that will enlighten you about the NY pay as you go insurance programs for workers comp and also help you determine if they are right for you:

NYS Workers Comp Pay as You Go Right Choice for Cash flow
Some employers benefit from an increase in cash flow by using payroll services for workers comp reporting. See this post to learn more.

New York Pay As You Go Workers Comp
Hold on to your business cash and prevent audit hassles by using pay as you go payroll services. Learn how employers avoid overpaying in this post.

NY Workers Comp Pay As You Go
Traditional workers comp bills are based on estimates with final premium determination occurring during the end of the year audit. Avoid underestimating or overestimating by using pay as you go services found in this article.

If you would like to learn more about pay as you go workers comp programs in New York, give us a call or send us an email using our free quote form. We’re happy to help you review your options and find the right fit for your business needs.