What is schedule rating?
Schedule rating allows insurance companies to adjust an employer’s premium for the unique characteristics of your operations, based on a schedule filed with DIFP. Each insurance company’s plan is different, but you should receive notice of any schedule rating credits or debits that apply to your policy. The maximum debit/credit allowed in Missouri is 25 percent of premium. If you think your company has inappropriately removed a credit, increasing the cost of your coverage, call the department at 1-800-394-0964.
