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Understand and calculate premium costs

1099Policy partners with the top rated insurance carriers (Am Best A+) to offer competitive rates backed by stability and integrity.

Rates are set by carriers, and vary by job category, state, and coverage type. The insurance premium rates are calculated based on total remuneration paid to the contractor, i.e. premiums are a small percent of the total fee paid to a contractor.

If you’re interested in previewing an insurance premium rate, follow these steps:

  1. Log into 1099Policy;

  2. Select ‘Job Codes’ from the left menu bar;

  3. Select the job category and work state for the assignment to view the rate for Workers’ Compensation and General Liability*.

*Please note that General Liability coverage rates listed do not include applicable taxes and filing fees.

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