Each insurer files their rates with MDOI. The rates are applied to your payroll to determine your manual premium. Other factors, such as experience rating, schedule rating, deductible plans and other programs are applied to the manual premium to determine your final cost.
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact an attorney in your area from our directory to discuss your specific legal situation.