CompSearch, Inc.

NYS Code Rule 59 Consultations & Loss Experience Rating Analysts

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NYSDOL Certified Workplace Safety Consultants & Premium Recovery Specialists

NYS Code Rule 59 Consultations

Loss Experience Rating Reviews


 

Sample Loss Experience Rating

Even a slight revision to your Loss Experience Rating can end up in huge savings for your business. This Sample Loss Experience Rating below demonstrates how a slight correction can affect your Premium Savings.

Billed Premium Loss Experience Corrected by .10 Loss Experience Corrected by .20
Manual Premium $25,000 $25,000 $25,000
Loss Experience Rating 1.10 1.00 .90
Modified Premium $27,500 $25,000 $22,500
Premium Savings N/A + $2,500 + $5,000