PIE Insurance Review: What You Need to Know

PIE Insurance is one of the most dynamic, easy-to-use, and fastest-growing worker's compensation insurance carriers in the United States.

If you haven't heard of PIE Insurance before, yes, they have a funny name, but don't let that distract you from the fact that PIE Insurance is quickly becoming a "Go-to" insurance company for worker's compensation insurance.

Watch our full review of PIE Insurance below or continue reading...

 

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PIE Insurance Review


Today, we're talking about PIE Insurance.

PIE Insurance is a relatively new insurance carrier to the overall US market, launching in 2017, specifically focusing on workers' compensation.

If you need workers' comp insurance, PIE Insurance is definitely a company that you should consider. We are big fans of PIE Insurance here at Rogue Risk.

If you're doing some research online, you're probably going to bump into PIE Insurance as they have robust website, robust web presence, they're on social media, stuff like that. You are definitely going to run into PIE Insurance.

The question is, are they legitimate? Yes, PIE Insurance is absolutely legitimate, A-rated carrier. They are very well run, with solid underwriting.

We can say this because we have firsthand experience here at Rogue Risk. We write many of our clients with PIE Insurance.

PIE Insurance is one of the companies that we place some of our customers with when it's most appropriate. In general, you are making a good decision if you choose PIE for your worker's compensation insurance.

If you need a worker's comp quote: Click here and we'll get you squared.

PIE Insurance Coverage


Does PIE Insurance have good insurance coverage?

Well, since PIE focuses on workers' comp, which is a fairly standardized coverage in most states in the United States, the coverage itself is going to be very similar to what you get from other carriers.

When it comes to workers' comp insurance in particular, what you're looking for is:

  • How is the audit process?
  • What is their pricing?
  • How do they handle claims and the claims process?


The answers to these three questions are the most important by far when evaluating worker's compensation insurance carriers.

READ NEXT: Drastically Reduce Workers Comp Premiums: 3 Small Actions

PIE Insurance Workers Comp Audits


What is the PIE worker's comp audit process like?

I will say that PIE's audit process is fairly standard. I won't say that they're overly rigorous. I won't say that they're too loosey-goosey. I'd say they're right down the middle. It is a fairly standard audit process.

You're not going to feel like you're being bludgeoned for information. At the same time, it's not the most easy audit process either, but I think that's actually a good thing, because you don't ever want to get into a situation where, because the audit process was too loose, you're mis-rating yourself or mis-accounting for payroll.

That catches up to you in the future at some point, and you get a big audit bill. You don't want that. So I think it's a fairly standard audit process and you're perfectly find in that standpoint.

FREE RESOURCE: Get Your Free Experience Mod Audit And Premium Reduction Roadmap

PIE Insurance Worker's Comp Pricing


How is PIE Insurance on worker's comp pricing?

I think their pricing is pretty good. Again, pricing for workers' compensation is very state-to-state specific. Today I looked at our stats before we did this blog post and we have the most PIE Insurance policies in New York State right now. In that New York, I'd say PIE is fairly competitive. Up and down the East Coast, very competitive pricing.

What makes PIE particularly interesting to us at Rogue Risk and the customers that we place PIE with is that they are willing to write a lot of contracting classes that other carriers are unwilling to take a look at.

They're willing to write new businesses, which a lot of carriers don't want to write new businesses at all.

And PIE will write a new business and give a new business owner a shot, or someone who's hiring an employee for the first time, a shot. And that means a lot culturally to us here at Rogue Risk, since we work with a lot of startup business owners.

PIE Insurance Claims Handling

The PIE Insurance claims process to very standard. We've never had a problem. We've never had a complaint with a claim when it comes to PIE Insurance.

They do use third-party adjusters, which a lot of carriers do these days

I don't think that's an issue in particularly.

The Rub

So all in all, I give PIE a great rating.

I think you're perfectly fine working with PIE as an insurance carrier. I do think you should work through them with a insurance broker, like our team here at Rogue Risk.

I don't think that you should go direct. And the reason for that is if you go direct, essentially what you're saying is that you are going to act as the insurance agent and you now become responsible for all those decisions and understanding policy forms and understanding policy language and how all that works.

You're most likely not a licensed insurance agent, which is fine. Find someone you trust. Find someone who's going to talk you through the process, help you better understand why PIE might be a good fit, or why there may be another carrier.

But as far as our review of PIE Insurance, we think they're a top-quality carrier who is growing in this space and that you should feel perfectly comfortable having them as your insurance carrier.

Work with Rogue Risk

That all being said, if this is the kind of relationship that you'd like out of your insurance professional, we would love to work with you.

Our mission here at Rogue Risk is to be open and transparent and over-communicate with our clients. We want you to be able to understand what you're actually purchasing. And if that means something to you, we'd love to work with you. 

We're small business insurance specialists who can help you navigate the insurance market and ensure you have coverage without being overcharged.

You can start by using one of the options below to get a quote today!

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

Thank you,

Ryan Hanley

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