Verify Workers' Comp Premium Status: Experience Factor History

The experience factor is the number that indicates how this company's claims experience compares with the rest of that industry. It's used to raise or lower the premium rate they pay to cover workers' compensation claims costs.

L&I calculates an experience factor by comparing a company's accident costs to the average costs of other companies in the same risk classification. An experience factor greater than 1.0 indicates a company has had higher-than-average claim cost; lower than 1.0 shows lower-than-average claim cost. New businesses usually start out with a factor of 1.0 until they are "experience rated."

Business Name:
Legal Business Name:
UBI #: 000 000 000
Account #: 000,000-00