Need Help with a Business Insurance Audit? Money Mastery is Here for You!
Money Mastery LLC is here for all your business consulting and specialty accounting needs. We offer a variety of advisory, management, and forensic accounting services; including providing aid for those who need to get their finances in order for a business insurance audit.
What is a Business Insurance Audit?
While it may seem problematic that your business insurance company wants to perform an audit of your business, don’t fret - this is a common practice. A business insurance audit occurs when an insurance company performs an examination of your finances, records, accounting books, and your general operation.
These audits are performed in order to be sure that insurance companies have the correct numbers for your business. More often than not, when you first sign up for a commercial business policy, the insurance company may be going off an estimate when they finalize your policy. However, once your business has been up and running for some time, the insurance company may request to do an audit so that they can get concrete numbers to better shape your policy’s premium to your needs.
How Can Money Mastery Help?
The team at Money Mastery LLC has many years of experience when it comes to all things accounting. Over the years, we’ve helped countless clients in the same situation - facing an insurance audit. In order to get ready for an audit, it’s important to have all of your records accurate and organized for the auditor. We’ll help you get everything in order so you don’t have to worry about overlooking anything.
Our team works with different kinds of business insurance audits, including worker’s compensation and general liability insurance. We work as facilitators between clients and insurance companies to ensure that our clients have the best coverage for a price that works for their budget.
Long gone are the days of worrying about audits. Let Money Mastery help you attain peace of mind by helping you get your finances in order.