Janitorial Service Saves over $20,000 Dollars in Comp Premiums

Bloomfield CT Workers Compensation Insurance

The Situation

Classification issues can be complicated, but often they are the result of simple mistakes. One example is the mix-up of two classifications for a janitorial service. One classification rates office cleaning with no window cleaning. The other rates office cleaning, “…including windows above two stories,” which results in a premium five times higher.

The Burgess Solution

The problem with the Bloomfield company’s Workers Compensation policy was easy to recognize. They were paying $20,000 for premiums because they had been inappropriately tagged with the high-risk “window cleaning” classification. As with many insureds who find out a simple misclassification is the source of higher premiums, the owner was appalled. He couldn’t understand how an insurance company could make such a mistake.

The Results

We wrote a Workers Compensation policy, changing the existing janitorial service business classification to accurately reflect the company’s true operations. This saved the business $10,000. in premiums. We also encouraged the owner to request his current company make a classification correction on his expiring policy. This move produced a $10,000. return premium. A single classification correction netted the janitorial service company owner $20,000. in premium savings.

“Thank You for your incredible dedication in placing my company in the right Bloomfield Workers Compensation Insurance category. TM Burgess is an insurance company that cares. For me, they took the extra time to make certain that I was in the proper category for workmans comp as I was shocked that my previous insurance company had miscategorized us. By placing me in the correct category, this had saved my company thousands of dollars annually in premium that I can give back to the company to help grow it further. Furthermore, Vince and is team are highly organized, are always available, honest and trustworthy. Use TM Burgess and you will see what I mean. I can’t thank TM Burgess enough for what they did to help my company.”

Ralph DiCristofaroSERVPRO , Bloomfield CT

“Thank You for your incredible dedication in placing my company in the right workmans compensation category. TM Burgess is an insurance company that cares. For me, they took the extra time to make certain that I was in the proper category for workmans comp as I was shocked that my previous insurance company had miscategorized us. By placing me in the correct category, this had saved my company thousands of dollars annually in premium that I can give back to the company to help grow it further. Furthermore, Vince and is team are highly organized, are always available, honest and trustworthy. Use TM Burgess and you will see what I mean. I can’t thank TM Burgess enough for what they did to help my company.”

Ralph DiCristofaro SERVPRO , Bloomfield CT