(A) Undetected premium audit errors may allow the insurer to retain premium
overcharges and boost profits.
(B) Incomplete or inaccurate premium audits cause costly extra work and a loss of
efficiency.
(C) Accurate premium audits assure equity in prices charged insured customers that present similar loss exposures.
(D) Premium developed from premium audits is fully earned.
(E) The insurer’s cash flow depends on timely and accurate billing of auditable
commercial insurance.