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, August 20, 2014

Work Comp Wednesday - Take Control of Your Experience Modifier

Experience modifiers not only determine the rate a contractor pays for workers compensation insurance, they are often used as an indicator of a contractor's safety performance. An experience modifier that is higher than average will, in some cases, disqualify a contractor from competing for a construction job.

Calculation of experience modifiers is a complex task, and errors and oversights are common. Contractors should obtain a copy of the experience rating work sheet and have it audited to ensure that the data reported by the insurer(s) to the rating organization is correct. Payroll dollars for each policy year should be reviewed and compared against final audited payrolls for accuracy. Likewise, loss documents for the policy years utilized in the calculations should be matched against the experience rating work sheet to ensure that all claims are reported accurately.

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