Laura M.
They have a minimum $$ yearly premium ... they will charge you the difference if its below the min
Had a policy for a year for a VERY small business. I was quoted around $50 a month, with an audit at the end. The $50, varied by actual payroll. I ended up paying around $15 a month - which was great. We went out of business and I cancelled the policy. The FINAL AUDIT came through, saying that there were minimum $$ requirements. The min per year was $488 (something like that) and I owed the difference. Not a lot of money but still, no one ever mentioned there was a minimum. I had to have a rep on the line to pay the balance due as I couldn't pay it online, nor through their automated system since the policy was cancelled already.
Response from AmTrust Financial ServicesOct 24, 2023
Thank you for taking the time to submit your feedback. AmTrust values your opinion and your experience. Please either contact your agent or AmTrust directly per the contact information provided with your policy materials, and AmTrust will fully review your experience.