Insurance Audits
Clear, accurate representation that protects your business during workers’ comp and liability premium audits.
Insurance audits require precise payroll reporting, correct classification, and organized documentation. Ledger Board manages each stage of the audit—correspondence, data preparation, employee verification, and communication with insurance carriers. You receive structured, compliant support that reduces exposure, corrects errors, and prevents unfair premium increases.
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Workers’ Compensation Premium Audit
Stop premium spikes.
Insurance audits require accurate payroll data, correct class codes, and clear reporting of labor exposure. Ledger Board reviews your records, verifies documentation, and manages all communication with auditors to ensure compliance. You receive structured representation that protects your business and minimizes premium impact.
General Liability Insurance Audit
Fix exposure errors.
We review gross receipts, labor categories, and operational exposure that affect liability premiums. Accurate reporting prevents misclassification and strengthens your position during audit review. Findings help maintain consistent and correct coverage levels.
Commercial Auto & Fleet Audit
Correct usage reporting.
We analyze driver lists, mileage logs, and vehicle usage records to ensure accurate reporting for commercial auto policies. Proper documentation minimizes exposure and prevents premium disputes. This protects your business from audit-related increases.
Classification Code Review (NCCI / State)
Eliminate wrong class codes.
We verify NCCI or state-specific class codes assigned to employees and subcontractors. Correct classification helps prevent costly miscalculations. Accurate coding supports more predictable audit outcomes.
Subcontractor Verification & COI Review
Prevent uninsured charges.
We analyze subcontractor agreements, certificates of insurance, and labor details to determine which exposure should apply. Proper verification protects your business from charges related to uninsured subcontractors. Clear documentation strengthens audit accuracy.
Premium Adjustment & Dispute Support
Reduce unfair increases.
We review carrier findings, identify incorrect adjustments, and prepare structured disputes supported by accurate documentation. This ensures your premium reflects correct, verifiable data. Our goal is to protect your business from unnecessary increases.
04. Guidance
Support resolution.
We dispute incorrect findings, negotiate adjustments, and guide next steps for compliance improvements.
03. Response
Prepare accurate records.
We organize payroll, certificates of insurance, exposure reports, and supporting documents for clear submission.
02. Analysis
Identify discrepancies early.
We examine payroll records, class codes, subcontractor documentation, and exposure categories to pinpoint potential issues.
01. Assessment
Review the audit scope.
We analyze carrier notices, policy terms, and exposure details to determine the full scope of the audit.
OUR PROCESS
Insurance audits verify payroll, exposure, and classification accuracy to ensure premiums were calculated correctly during the policy period. They are routine for workers’ compensation and liability policies and may also be triggered by significant payroll changes or subcontractor usage. We review your policy and business operations to determine why the audit was initiated. This helps shape a structured and accurate response.
Auditors typically request payroll registers, timesheets, overtime records, subcontractor agreements, certificates of insurance, and tax filings. Additional records may be required depending on your industry and policy type. We gather, organize, and prepare all documentation to meet carrier standards. Proper preparation supports a stronger audit outcome and minimizes risk.
Class codes determine the risk level of each employee or contractor and directly influence premium calculations. Incorrect codes can result in significant overcharges or disputes. We review NCCI or state codes to ensure accurate classification and correct any misassignments. Proper classification reduces the chance of premium increases and future audit complications.
Yes. Premiums may increase if payroll was underreported, class codes were incorrect, or subcontractors lacked valid insurance coverage. However, many adjustments are preventable with accurate records and classification. We analyze carrier findings to identify incorrect or excessive adjustments and prepare structured disputes when necessary.
Most insurance audits take several weeks, but more complex cases—especially those involving subcontractors—may take longer. Timelines depend on documentation availability and carrier workload. We help streamline the process by providing organized documentation and clear communication. This improves turnaround times and reduces delays.
When subcontractors cannot provide valid insurance certificates, their labor may be charged to your premium as uninsured exposure. We review subcontractor agreements, coverage details, and documentation to determine proper handling. When necessary, we dispute incorrect exposure assignments to reduce premium impact.
Yes. You have the right to dispute findings by submitting corrected data, documentation, or explanations. Many premium adjustments include errors that can be corrected through structured review. We prepare disputes, communicate with carriers, and ensure your position is represented clearly.
Yes. We can assume representation at any stage, including after initial document submissions or communication with auditors. We review prior correspondence, correct inaccuracies, and strengthen documentation moving forward. Professional involvement often leads to improved outcomes.
They can. Carriers may adjust class codes, modify premiums, or require stronger documentation for future audits. We guide you through the compliance improvements necessary to reduce long-term risk. Proper documentation practices help keep future audits predictable and manageable.
Industry-Specific Insight
We understand classification rules, exposure categories, and audit procedures across industries.
Accurate Documentation
Every record and explanation is structured clearly to support audit accuracy.
Responsive Support
Our team provides fast, reliable assistance at every stage of the audit.
Transparent Communication
You receive consistent updates, guidance, and clarity throughout the process.
INDUSTRIES WE SERVE
Insurance audits vary widely based on classification rules, subcontractor usage, and levels of operational exposure. Ledger Board supports construction firms, logistics and transportation companies, hospitality groups, manufacturing operations, medical practices, retail stores, and professional service firms. Each engagement is tailored to the unique premium structures and compliance expectations of your industry.
Law Firms & Professional Services
Restaurants, Food & Hospitality
Medical & Healthcare Practices
Real Estate & Construction
Retail & E-Commerce
Financial Services
Manufacturing & Distribution
Entertainment & Media
Education
Agriculture & Agribusiness
Energy & Utilities
Technology
Small Business & Startups
Testimonials
Businesses trust Ledger Board for disciplined representation, accurate classification, and strong documentation during workers’ comp and liability audits.
As a manufacturing company, our class codes were complex. Ledger Board caught several errors and reduced the carrier’s adjustment significantly.
Daniel T., Operations Manager
Manufacturing
We use subcontractors across multiple projects, and the audit felt overwhelming. Ledger Board organized every document and helped us avoid major premium increases.
Sara L., Co-Owner
Construction
Our hospitality group faced a large workers’ comp audit due to staffing changes. Ledger Board resolved the issues quickly and guided us on better documentation for the future.
Anthony V., Managing Partner
Hospitality
Connect with Leaders
Our leadership team provides guidance on insurance audit preparation, classification review, and compliance strategy. Learn more about the professionals supporting your engagement.
By the Numbers
Ledger Board supports businesses across industries with accurate insurance audit representation and structured compliance guidance. Our experience reflects meaningful results and consistent premium protection.
500+
Insurance Audits Managed
85+ Years
Combined Experience
50 States
supported nationwide
99%
Client Retention
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Protect Your Business During Insurance Audits
Insurance audits require accurate documentation, correct classification, and structured representation. Ledger Board delivers disciplined support that strengthens compliance and protects your business from unnecessary premiums. Schedule a consultation to begin your audit engagement.