With Chesapeake Employers, managing your workers' compensation premium is easier than ever. Through our trusted partner SmartPay, Pay-As-You-Go billing aligns your payments with your payroll schedule.
Real-time premium calculations
Improved cash flow management
Automatic premium withdrawals
Effortless renewals
Pay-as-you-go with SmartPay Solutions allows our eligible policyholders to pay their premiums based on real-time payroll information each payroll cycle. Best of all, your premium will be calculated on actual, not projected, payroll, which could improve your cash flow management and streamline the year-end audit process.
You may enter payroll data manually or use a payroll service vendor.* SmartPay Solutions will then calculate and withdraw premium from your bank account based on each payroll report.
To enroll, or for more information about the pay-as-you-go billing plan, please contact your agent or call Chesapeake Employers at 410-494-2000 or 1-800-264-4943.