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Many business insurance policies are written on an auditable basis. Payroll or gross revenues are estimated for the policy term. At the end of the policy term, your premium is adjusted based on the actual payroll or gross revenues.

General Liability and Workers' Compensation policies are usually audited.

Portions courtesy of and © Insurance Information Institute (www.iii.org) Copyright © 2001-2017 Aloha Insurance Services, Inc. Kona HI All rights reserved.
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