Table C: Estimated Premium Costs Premium Based on Employee Count & Payroll Experience Modification Total 2025 Premiums (before credits) Employer I $264,500 0.85 $224,825 Employer II $264,500 1.51 $399,395 Note 1: Wages and employee count for employees (CA automobile dealership) in Table A are fictitious and used illustratively. Note 2: The Experience Modification in Table C utilizes California rates and formulas. Calculations for other states will vary. Note 3: Table C premiums are before underwriter’s “risk adjustment” debits, credits or premium discounts (if any). A good safety record can earn you discounts from reputable carriers. Conversely, a poor safety record will result in increased premiums. DISCLAIMER: Employers must consult with their WC insurance brokers for a better understanding of their WC premiums and safety consultants for matters related to safety. The contents of this article are for informational purposes only and are not to be considered as legal advice. The premium numbers are for discussion purposes, and actual numbers for X-Mod and premium calculations may vary on a case-by-case basis. Sam Celly of Celly Services Inc. has been helping automobile dealers comply with EPA & OSHA regulations since 1987. Sam received his BE (1984) and MS (1986) in Chemical Engineering, followed by a J.D. from Southwestern University School of Law (1997). Learn more at www.epaoshablog.com. Your comments/questions are always welcome. Please send them to sam@cellyservices.com. Stay compliant. Protect your bottom line. We have a combined 95 years of experience helping automobile dealers comply with EPA, IIP and OSHA regulations. Let our experts show you a new approach for managing compliance at your dealership. (562) 716-6100 cellyservices.com Spend less time on compliance issues and more time running your dealership. LET’S TALK! NCDA.COM 17
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