High MOD Workers’ Compensation
Workers comp insurance for companies with a history of losses.
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What is high mod workers comp Insurance?
A company’s MOD rate measures the difference between its past workers’ compensation claims and the expected workers compensation claims for similar businesses. Companies with higher MOD rates pay higher premiums than those with low or average MOD rates.
If your business has a high MOD rate, it may need special guidance on how to navigate higher than average workers compensation claims. Pro Insurance can help you manage these claims and work on lowering your MOD rate to reduce its financial impact on your company.
what does high mod workers comp insurance cover?
- Medical care for employee injured at work
- Settlements for injured employees
- Payment for lost wages due to workplace injuries
