Understanding Your Workers’ Experience Modification Factor

An experience modification factor (also known as a mod factor) represents either a credit or debit that is applied to your Workers’ Compensation premium. Since your mod factor directly impacts premium costs, it’s vital to keep it under control.

At Keevily, your team of claims professions focus on your claim history looking for reductions or savings which can lead to downward adjustments in your experience modification. If an adjustment is found, a request for revision is made on your behalf, as well as a rebill or credit on your policy premium. Our goal is to ensure your Experience Modification Rating (mod factor) remains accurate and you receive any premium refund you deserve. 

Learn additional ways you can limit losses and control your mod factor. Click here

For more information call us!

1 (800) 523-5516