A Premium Audit is a periodic review by Travelers to make sure the estimated premium established at the beginning of your policy period accurately reflects any changes in business operations that may have occurred since the policy was issued.

State regulations require us to conduct premium audits of all workers compensation policies. Your premium is estimated based on information provided by you or your Agent prior to the start of your policy term. Because your business may change during the policy year we want to confirm your premium accurately reflects the state of your business over the policy term.  During the premium audit process we compare the original payroll estimate against your actual payroll and business operations. Your participation is essential to calculate and confirm your final premium.  Please see "How to Prepare For Your Audit" for helpful recordkeeping tips and FAQs.