Insurance Agency in Keego Harbor, MI • (248) 682-1510

How to Save Time and Money With Your Insurance Audit

The word “audit” can increase a person’s heart rate and send butterflies racing to their stomach, but a commercial insurance premium audit should not be an occasion for worry.

The annual audit process ensures that you pay only for the exposure presented by your business operation. Informing our agency of changes to your business operation throughout the year can eliminate audit surprises.

When you receive a mail or phone audit request, or a physical audit scheduling letter, it confirms:

  • The date the information is needed by or the date of your appointment with the auditor
  • The policies being audited
  • The records you need to provide
  • The audit period

Be sure to let the auditor know if the date and time are inconvenient, so a mutually agreeable date and time may be arranged. Auto-Owners uses company auditors as well as third-party auditors for the audit process.

Good record-keeping practices and compiling the information prior to the audit has a large effect on the time required. A phone audit usually takes less than 15 minutes, and the typical physical audit less than one hour to complete. As the audit contact, you are not usually required to be present for the entire audit process.

Once an auditor has verified that the records are adequate to proceed, and has an understanding of your business operation, they will enter the required information into an audit worksheet. The auditor will need to discuss the job duties for each employee, laborer and uninsured subcontractor.

For a physical audit, it is normal for the auditor to discuss the results of the audit with you and to provide a copy of the audit worksheet for your records. The auditor may provide a copy to our agency as well.

Hopefully this information makes the word “audit” less intimidating and provides some understanding of the process. Contact our agency for any additional questions. We thank you for your business!

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The team at Complete Insurance is ready to provide personalized, no-obligation quotes for all your insurance needs.

Top Rated Agency

Keego Harbor’s top-rated agency for exceptional personal and business insurance solutions.

Joe Morrison
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Walker & his staff at Complete Insurance Services are second to none. We get personal, timely service on top of unbelievable rates. Have happily recommended them to family, friends & colleagues. If you need insurance, look no further!!
Sarah Shock
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Walker and his team have gone above and beyond for our family on multiple occasions. By far the easiest company I have worked with for communication.
Aaron F.
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I have been insured by Auto Owners Insurance through the Complete Insurance Agency for more than 10 years. John and his staff have helped me through a few houses and a couple of claims. Top notch service from a very professional organization. Thank you for all of your service !
Kim Simmons
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Best insurance agents I've ever dealt with. I've got my auto and homeowners with them. A few homeowners claims with no problems. Every time I call, they treat me like family and quickly respond to my requests. I have , and will recommend them to anyone.
Sheryl Parker
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Great pricing and good service. Very knowledgeable.
Dave Trish
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Walker is fantastic. Quick to respond and always finds the best rates.
Dominic Jr C.
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Simply the best service anyone can ask for. Been with them for 24 years. Looking forward to 24 more!
Zada F.
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I like the fact that this is a family owned and operated business. They have helped to individualize my auto and home insurance needs. The staff is always helpful in answering my questions. Iv'e been with the company for over twenty years.