Rodney owned a transportation company founded in the 1980’s. After multiple serious accidents in two months, his XMOD went from 74 to 194. His comp insurance carrier became unresponsive. Rodney prepared for the worst; he was ready to “tough it out” for three years. We were able to stabilize his rates immediately utilizing a PEO and he saved money over time.
George founded his trucking company in the 2002. A veteran employee felt wronged by a change of shift, and promptyly quit and filed a worker’s comp claim. Two other employees filed copy-cat claims. While their claims were underway, they secretly took jobs elsewhere. George‘s carrier did nothing. It was so bad, he was unable to get standard market quotes. We lowered his workers’ comp costs by $80,000 in the first year by utilizing a PEO!
David owned a tile company, and started expanding in the 2000’s. His previous provider failed to renew his comp insurance on time. As a result, his quote increased by 50%. One week before renewal, David reached out to us and saved 50% with a PEO, instead of using his traditional market quote. Even though his XMOD increased slightly at renewal, he saved money.