Experience Mod Impact Calculator
Your experience modification rate multiplies your premium. See what a mod above 1.0 is really costing you, and what you'd recover by bringing it down.
Your numbers
Estimates are fine. Adjust the target mod to see your savings.
What your mod means
How your experience mod actually works.
It's a multiplier
Your mod multiplies your manual premium. A 1.25 mod means you pay 25% more than a comparable business with a 1.0; a 0.85 mod means you pay 15% less. It follows you for years.
Losses drive it
Your mod compares your actual losses to the expected losses for your class codes and payroll. Frequent small claims hurt more than you'd think, the formula weights claim frequency heavily.
You can lower it
Fast reporting, aggressive claim investigation, return-to-work, and disputing bad claims all reduce the losses that feed your mod, which lowers your premium for years to come.
A single lost-time claim can raise your mod for three years. That's exactly the leak CompShield is built to close, we manage reporting, contest questionable claims, and drive return-to-work so your loss history (and your mod) trend down.
Want your real number?
Book a free claim review and we'll look at your actual loss runs and mod worksheet, and show you exactly where it can come down.