Farmers RealTime Billing® is a pay-as-you-go solution that links your workers’ compensation policy to your payroll. Premiums are calculated based on the actual amount of your payroll for each pay period — and your payment for each period is automatically collected from your account.
Farmers RealTime Billing® also eliminates the need for a large down payment to get the workers’ compensation coverage you want. It also helps minimize premium audit adjustments because premiums are based on your actual payroll.
Bottom-line benefits to your business
- No down payment when purchasing coverage
- Seamless integration of payroll and policy billing
- Premiums that are less susceptible to adjustment
- Automatic payments for each pay period
- No billing fees or monthly checks
Start streamlining your payment process today
Contact a Farmers® agent to add Farmers RealTime Billing® to your workers’ compensation policy. Setting up your account takes just a few minutes online, and our customer service team can walk you through the process by phone.
Once you’re enrolled, you can access your account 24/7 through the Farmers RealTime Billing® online portal