Pay-by-Pay® Premium Payment Program

Some material covers the offering of the ADP Pay-by-Pay Premium Payment Program. All insurance products will be offered and sold only through Automatic Data Processing Insurance Agency, Inc., its licensed agents or its licensed insurance partners. ADP’s Pay-by-Pay is a payroll enhancement feature of ADP’s payroll processing services.

• ADPIA® licensed agents have been helping companies like yours find the right coverage to protect their business and employees.
• That’s because Pay-by-Pay integrates with ADP payroll, which means you can manage your insurance policy directly from your payroll system.
• Workers’ compensation insurance generally does not automatically cover subcontractors, though that may vary based on your state.
• Whether you need competitive proposals from multiple carriers or advice from licensed agents, you can easily handle your insurance online, on your terms.
• It is designed specifically to cover employee-related injuries and illnesses that occur due to or in the course of employment.

Get quick, easy access to certificates of insurance — 24/7 ***

Generate and manage your certificates yourself, right from the insurance section within your RUN Powered by ADP® payroll dashboard. 3 While premium deposits may be eliminated by most carriers, mandatory state assessment fees may be required in some states. If I could give any new or existing AAMCO owner any advice, it would be to team up with ADP. This insurance doesn’t cover incidents outside work, intentional injuries, or those due to substance abuse or intoxication outside work hours.

Integrate your payroll with Workers’ Compensation Insurance

Only pay for what you owe — payments are based on real-time data each payroll cycle. It retrieves necessary quote data directly from the garage’s website in instances where an insurance system might lack a complete API. This newfound data is swiftly entered into the claim, rendering a more detailed and informed claim for further processes. Additional insureds are third-party entities that were not originally named on your workers’ compensation policy, and cannot be added.

Contact a business insurance agent.

Clients must be using ADP’s tax filing service to take advantage of the Pay-by-Pay Premium Payment Program. Since 1992, ADPIA has helped 175,000 small and mid-sized businesses find the right business insurance, workers’ compensation insurance, and group health insurance. Our licensed agents will provide top-notch service whether you’re starting a business or re-evaluating your insurance needs. If you’re an ADP® payroll client, you can save time and improve cash flow by automating workers’ compensation insurance premium payments.

At the same time, an authorization is sent out to the garage, permitting them to commence repairs. Each state has specific exemptions for those who don’t need to carry workers’ compensation insurance. Still, common exemptions include agricultural employees, domestic workers, real estate employees, and coaches for children’s teams. ADPIA can work with you to check your state’s workers’ comp requirements, as they vary widely and may include more specific exemptions or stipulations. Access convenient reports to track and manage premiums paid every time you process payroll. Reduce the risk of over or underpayment of your workers’ compensation premiums.

Without Pay-by-Pay

• 1 While premium deposits may be eliminated with most carriers, mandatory state assessment fees may be required in some states.
• An agent is then assigned to the case, and the customer receives a notification confirming the receipt of their claim.
• The way forward in addressing these challenges lies in the scope of Hyperautomation (link to introduction to Hyperautomation article).
• Of clients prefer having their workers’ compensation premium payments spread across their payroll cycle (vs. having an upfront deposit).
• This process even manages to navigate older, more complex systems smoothly.
• 3 While premium deposits may be eliminated by most carriers, mandatory state assessment fees may be required in some states.
• Take a step towards improved productivity and quality today by enhancing your automation journey with our scan.

However, realizing this potential can sometimes be more complex than anticipated. It is crucial to remember that the application of hyperautomation is not solely about utilizing technology but also about the alignment of effective governance and change management. Understanding this, you might wonder how to ensure your organization is on the right path and making the most of what Hyperautomation can offer. It’s a tool designed to assess your current Hyperautomation maturity level and pinpoint areas for improvement, helping you to tailor a more effective and efficient approach to automation.

It is designed specifically to cover employee-related injuries and illnesses that occur due to or in the course of employment. Business interruption insurance is a separate type of policy that provides coverage for lost income and additional expenses when a business is affected by a covered event. Workers’ compensation insurance generally pays for the rehabilitation, recovery or medical bills of employees’ work-related injuries, as well as lost time due to a work-related injury. Workers’ compensation insurance is not automatic data processing insurance agency a substitute for health or medical insurance — employees are only covered for on-the-job injuries. Workers’ compensation insurance coverage typically includes full-time and part-time employees (W-2 workers), but the specific requirements can vary by state. Independent contractors may also need coverage depending on contractual requirements or state laws.

It’s a safety net for your employees and a financial shield for your business. With ADPIA, you get the guidance you need to choose the insurance you may be required to have, as well as the business insurance that’s right for you. Protection to meet your needs including General liability, business owner’s policies (BOP), professional liability, commercial auto and umbrella coverage. 3 Only available to ADP Payroll clients using RUN powered by ADP® and ADP’s Pay-by-Pay® Premium Payment Program for Workers’ Compensation. Attract, retain and reward your employees with retirement solutions such as 401(k), SIMPLE IRA or SEP IRA plans —to help them become retirement ready. Leverage powerful and agile benefits administration solutions — designed to make things simple, drive employee engagementand help you win the war for talent.

Streamlining your workers’ compensation and payroll is as easy as partnering with ADPIA. Whether you need competitive proposals from multiple carriers or advice from licensed agents, you can easily handle your insurance online, on your terms. That’s because Pay-by-Pay integrates with ADP payroll, which means you can manage your insurance policy directly from your payroll system. Skip the administrative hassle, so you can spend more time focused on your business. Of ADP clients spent less time on administrative tasks related to managing their workers’ compensation premium payments by using our Pay-by-Pay premium payment program. Of clients prefer having their workers’ compensation premium payments spread across their payroll cycle (vs. having an upfront deposit).