How are auditors chosen?
A.) Companion Property & Casualty relies onthird-party, independentauditorsto audit our customers’ policies. We strive to utilize auditors that produce quality audits while representing Companion with courtesy and professionalism. Auditors are paid a flat fee for each audit they perform (plus an hourly adjustment formore complicated or time-consuming audits). They are not paid any percentage or commission for generating higher premiums. Auditors send the information they collect to Companion P&C where we process the completed audit with our own in-house staff. The Premium Audit Department at Companion P&Cis dedicated to insuring thataudits accurately reflect the policyholder’s operations, classifications and exposure basis.
