Mission Statement

"Our mission is to create peace of mind and build enduring relationships."

Bob Lancaster Insurance's mission statement is the core of our culture. Our customers always come first, and we strive to provide them with the products and service that best respond to their needs. Building trust and fostering loyal, long-lasting relationships are the essence of who we are and fundamental parts of our company values.

Putting our mission statement to work

Our employees work hard to connect with our customers on a very real and personal level. Find out what Bob Lancaster’s mission means to them and how they carry it out every day.

Bob Lancaster Insurance, serving Florida's insurance needs since 1964. Contact us today at 321-725-1620 - see what we can do for YOU and YOUR BUSINESS!

Wednesday, December 18, 2013

Work Comp Wednesday - Audit isn't a 4 letter word


If you're like most people, "audit" is a word that sets your heart pounding - and not with excitement.  Believe it or not, an audit can often have a positive impact on the long-term financial health of your company (even if you end up owing money).

Not buying it?  See below for a couple of our real audit cases that resulted in 5 to six figure corrections IN FAVOR OF THE INSURED BUSINESS.

Classification accuracy matters
Correctly identifying your NCCI class codes is one of the primary goals of an audit.

In a recent audit case, the employer (who was less than eager to complete the audit) ended up saving more than $19,000 in premium because the insurance company auditor caught a classification error.

In another  - an audit of a recycling company resulted in $100,000 credit to a client when the auditor realized the company had changed some business practices and, therefore, its employee classifications.

Not only can classification have a major impact on your premium, it can make all the difference in your company's experience factor (experience mod).

Beyond the audit
We are ready and able to assist you throughout the year to help you prevent problems at audit time.  How?

*  Classification review.  We're available to review your classifications with you prior to audit time or at any time during your policy year.
Fraud prevention.  General contractors often run into premium fraud issues with subcontractors.  We can help ensure that subcontractor documents, such as certificates of insurance and work comp exemptions, are valid.  We can also educate you on how to verify employee documentation, such as Social Security numbers.

Give us a call
We want to help make a difference, and you may be surprised at how valuable that difference can be.

Contact us for all your Insurance needs! (321)725-1620
Bob Lancaster Insurance
Serving Florida since 1964

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