Experience Mod Reduction for Florida Contractors

Florida contractors' experience modification rate (EMR) directly affects their workers' compensation premium. Audit Monkey audits NCCI unit statistical reports, disputes claims errors, and implements strategies to reduce Florida contractors' EMR and lower their workers' compensation costs.

How EMR Affects Florida Contractors' Premium

EMR Above 1.00 Means Florida Contractors Pay More Than Average — Every Dollar of Payroll

An EMR above 1.00 means Florida contractors pay more than the average employer in their industry. For example, an EMR of 1.25 means Florida contractors pay 25% more than the average. Audit Monkey helps Florida contractors reduce their EMR.

Reducing EMR from 1.25 to 0.95 Saves $30,000 Per Year on a $100K Premium

Reducing Florida contractors' EMR from 1.25 to 0.95 on a $100,000 premium saves Florida contractors $30,000 per year. Audit Monkey can help Florida contractors achieve these savings.

NCCI Unit Statistical Report Audit — Finding and Disputing Claims Errors

Audit Monkey performs NCCI Unit Statistical Report Audits to find and dispute claims errors. Florida contractors can call (239) 323-0785 to start their EMR review with Audit Monkey.