Insurance Audits and Analysis/Bonding Applications

This service is designed to help you track the information you need to have for the insurance and bonding companies.

You know the drill. Every year your insurance company wants to audit your general liability and/or worker's compensation policies. They need to know your revenue figures and the amounts you paid to subcontractors and employees for the policy term. They need to see that you have insurance certificates on file for your contracted labor and they want to have a breakdown of revenues and payroll by type of work performed and payroll has to be separated between regular and overtime hours and even between the states you worked in.

We will help you to set up systems that will enable you to track all of this information in order to make the audit process as simple as possible.

We will look at your insurance policies to make sure that you have the proper coverage in place and that you are not paying too much money for that insurance. We will verify that your business assets are covered and that you are not insuring equipment that you no longer own.

We will show you how to complete the detailed and extensive applications for surety bonding and help you to understand the bonding process. We will put procedures in place to track the information required by the surety company for Costs to Complete and Work in Progress.

To get started on improving your bottom line and the success of your small business, call 603-356-2914 or email info@rhondarosandcpa.com for an appointment.