What is CopperPay?
CopperPay
CopperPay is CopperPoint’s pay-as-you-go workers’ compensation Payment option. Instead of paying premium based on estimated payroll, premium is calculated throughout the policy term using payroll reported each pay period. This keeps premium payments aligned with actual payroll, helping improve cash flow and reduce the likelihood of large adjustments at final audit.
- No Down Payment
- Improved cash flow for businesses
- Reduced audit surprises based on real-time premium calculations
- Automatic premium deductions
- Reporting up to date payroll for seasonal businesses
- Currently available in AK, AZ, CA, CO, FL, HI, ID, IL, KS, LA, MN, MO, MT, NM, NV, OK, OR, TX, UT
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