Is Cerity Insurance Legit? A Review of the Modern Platform

Is Cerity Insurance Legit? A Review of the Modern Platform

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Cerity claims to make workers’ comp insurance simple, transparent, and fair for small businesses. But is it true? Discover the facts, the pros and cons, and the verdict in this article/PHOTO COURTESY: Facebook

If you are a small business owner, you know how important it is to protect your employees and your assets with workers’ compensation insurance.

But finding the right policy can be a hassle, especially if you have to deal with brokers, paperwork, and hidden fees.

That’s why I was curious about Cerity, a new platform that claims to offer fast, easy, and affordable workers’ comp insurance.

But is Cerity insurance legit? Or is it a scam that will leave you in trouble when you need it the most?

In this article, I will review Cerity and its products, and give you my honest opinion on whether you should trust them or not.

What is Cerity?

Cerity is a digital platform that offers workers’ compensation insurance for small businesses.

It was launched in 2019 and is backed by Employers Holdings, Inc., a leading provider of workers’ comp insurance in the US.

Cerity operates in 38 states and has an A- rating from A.M. Best.

Its mission is to make workers’ comp insurance simple, transparent, and fair for small businesses.

Cerity believes that small businesses deserve better than the traditional insurance model, which is often slow, complex, and expensive.

It aims to provide a modern and convenient experience, with low rates, flexible payment options, and online tools.

How does Cerity work?

Cerity’s platform is designed to make workers’ comp insurance easy and convenient.

You can get a quote and buy a policy in minutes, by answering a few questions online.

You can also customize your coverage and payment plan, and see the breakdown of your premium and fees.

Once you buy a policy, you can access your policy details and manage your account online or through the Cerity app.

You can also contact Cerity’s customer service team anytime by phone, email, or chat.

If you need to file a claim, you can do it online or by phone, and get assistance from Cerity’s claims experts.

Cerity will handle the rest of the claims process and pay the benefits to your injured workers2.

What are the benefits and drawbacks?

Cerity offers some benefits and drawbacks for small businesses looking for workers’ comp insurance.

Here are some of them:

Benefits

  • Cerity offers low rates that are tailored to your business size, industry, and payroll. You can save up to 25% compared to other insurers.
  • It offers flexible payment options, such as monthly, quarterly, or annual instalments, and pay-as-you-go, which adjusts your premium based on your actual payroll.
  • It offers online tools, such as a risk assessment tool, a safety training tool, and a certificate of insurance tool, that can help you reduce your risks and comply with the regulations.
  • It offers a 14-day money-back guarantee, which allows you to cancel your policy within 14 days of purchase and get a full refund.

Drawbacks

  • Cerity does not offer any other types of insurance, such as general liability, property, or commercial auto. You will need to buy these coverages from other insurers.
  • It does not offer any discounts or rewards for having a good safety record or a low claims frequency. You will pay the same rate regardless of your performance.

Conclusion

Cerity is a legit and modern platform that offers workers’ compensation insurance for small businesses.

It simplifies workers’ comp insurance and helps you save time and money.

It has a solid rating and backing and works with a reputable insurer.

Therefore, I would recommend Cerity to any small business owner who is looking for reliable and affordable workers’ comp insurance.

Cerity can help you protect your employees, your assets, and your business.

You should always compare quotes from different insurers and read the fine print before you buy any policy.

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