Your Way Pay1 is Liberty Mutual Insurance’s pay-as-you-go billing option for workers compensation policyholders. It provides billing flexibility and convenience, improved cash flow and more by using real-time payroll reporting to calculate your policy premiums.
With more accurate premiums paid out over the course of the policy term, you’re less likely to overpay or end up owing a large additional premium at the end of your policy term. This can be especially helpful if you have a business with a fluctuating payroll.
There are many good reasons to choose Your Way Pay as your billing option, including:
You can elect Your Way Pay as your billing option when you first purchase your policy, or when you renew it – just contact your independent insurance agent to get set up!
For more information, check out the Your Way Pay policyholder reference materials below:
1Your Way Pay is powered by SmartPay. Not available in HI, OH, ND, WA, WY
2Liberty Mutual does not charge a service fee for Your Way Pay. If you plan to use a payroll provider to report payroll on your behalf, please check to see if they charge a fee for this service. If you plan to use the SmartPay Payroll Reporting Service, the annual fee is $300.