Your independent insurance agent is always your best source for information regarding your insurance policy. Please contact your agent with specific questions. If you do not know who your agent is, or how to contact them, call MEMIC's Underwriting Department at 1-800-660-1306. MEMIC and your independent insurance agent are always looking for ways to make doing business with us easier for you. Now we have lots of payment choices (including Comp-As-You-Go, a new payroll service option), to meet your needs. View all of MEMIC's payment choices. If you have specific questions regarding your bill, contact your independent insurance agent, or the MEMIC Billing Department at 1-800-660-1306. MEMIC can now offer employment practices liability insurance (EPLI) as an endorsement to your Maine workers' compensation policy. This important coverage - called MEMIC Edge with EPLI - is widely available to employers of all sizes at an affordable cost for the first time in Maine. MEMIC Edge with EPLI provides you with insurance coverage, including legal defense, against claims of discrimination, sexual harassment, wrongful termination and a host of other employment-related lawsuits. To learn more. A premium audit is a review of your records at the end of the policy period so that we may determine the amount of your final earned premium. Since the premium base of a policy is estimated at the beginning of a policy year it is necessary to perform this examination to accurately determine the final earned premium.

The final earned premium is calculated by determining the amount of remuneration for each job class code covered on the policy. Generally a policy premium is based on remuneration. Remuneration is payroll or substitutes of payroll.

Questions? Contact our Audit Department at 1-800-660-1306 or by e-mail: audit@memic.com.

For more help with Premium Audits.