ADP vs Paychex for Business Insurance: Who Should You Choose?

Running a small business is difficult, and if you can find efficiencies or ways to make your life easier, you're going to do them.

Many small business owners consider moving their insurance to their payroll provider.

And in this case, we're going to review ADP versus Paychex, two of the biggest payroll providers in the entire country, for insurance.

Watch the video below to learn more...

Need Business Insurance?


                  Submit a Quote Form            Speak with an Agent


ADP vs Paychex for Business Insurance: Who Should You Choose?

Hi, my name is Ryan Hanley. I'm the founder of Rogue Risk, where we do insurance differently.

We're an independent agency that provides you with knowledge and information so that you can make the right insurance decision.

Now, I am biased. I own an independent insurance agency.

And obviously, I believe that our method for helping small business owners work through their insurance concerns, getting them set up, and making sure there are no gaps, is the best.

However, I understand that working with ADP or Paychex might sound, at least at face value, like an easier option.

pay as you go

So here's what I want to say, when it comes to workers' compensation insurance, the pay-as-you-go option that ADP and Paychecks both provide is a wonderful way to add efficiency to your business.

Now, there are a few caveats to that. Just because you have pay-as-you-go doesn't mean that you have the best rate.

It just means that through one process, paying your employees, you're only paying premiums on the payroll that you used that month, that went out the door.

Now, what's important to understand is that when you use a large company, in particular, a payroll company, you are getting, in most cases, a substandard insurance agency service and product.

This is because insurance is not what these companies do.

They are payroll companies, first and foremost, and as a service to their clients, they provide insurance, and now they have started to expand out to other lines beyond workers comp.

I recently just rewrote someone who was being flat canceled because of a misclassification on their insurance policy set up by one of the two companies that we are discussing today.

And because there's no agent, because there's no relationship, there's no one to call, there's no one to advocate for them, they were left out in the lurch.

Here's a small business doing about $2 million in revenue, and they were running up against a renewal with no insurance program.

Not just one insurance policy, but their entire program was being flat canceled.

Big, huge problem.

READ NEXT: How To Buy Business Insurance

work with an independent insurance agency like Rogue

Now, these are the kind of things that, when you work with an independent insurance agency like Rogue, do not happen.

You call us, you talk to me, or you talk to someone on my staff, someone whose paycheck comes. We get paid because we do a good job for you.

We take care of your business, and we make sure that these kind of things don't happen.

So understand that if you choose someone like ADP or Paychex for your insurance, you are making a heavy trade for perceived convenience versus service and price.

This is because I will guarantee you that the shopping, the product knowledge that you get from someone like Rogue, from our team, is not what you're getting from these organizations.

They do payroll very well, but insurance is not their expertise.

And if making sure your business is properly covered, if sustainability, turning your insurance program into an asset, not an expense, is important to your business, give us a call here at Rogue.

We'd be happy to walk you through our process. We shop your insurance out to more than 15 different commercial insurance carriers, depending on your line of business.

READ NEXT: What Is Employee Benefits Liability Insurance?

The Rub

When it comes to business insurance, there are a lot of options out there. Two popular choices are ADP and Paychex.

Both have their pros and cons, so it really depends on what you're looking for in an insurer.

Ultimately, the decision comes down to your specific needs as a business owner.

This is where we come in at Rogue Risk.

If your current insurance professional has never addressed issues like this with you before, I’d encourage you to reach out to us today.

I look forward to introducing you to a new way of viewing your insurance program.

Thank you,

Ryan Hanley


Start a Quote in Minutes

Click the button below to receive a custom-tailored insurance quote to fit your budget and need.