How do HEMIC’s rates compare to other workers compensation carriers in Hawaii?
Our flexible rating plans allow us to competitively price any type risk. We employ a staff of highly qualified underwriters with extensive experience. Their expertise and professionalism ensures that each risk will be fairly evaluated and priced on its own merits. We developed five basic rate plans called tiers. Each application submitted is reviewed thoroughly for eligibility and placement into Tiers 1, 2, 3, 4 or 5 as a foundation upon which we build into the premium other credits and rating features. Hawaii Employers’ Mutual Insurance Company has developed a new Workers’ Compensation Safety Credit Plan. Your policy may qualify for one or more premium credits if you adopt certain safety and claim mitigation programs meeting HEMIC requirements.
