Billing and payment information for employers
As a Superior Point policyholder, it is your responsibility to pay all premium payments when they are due to avoid a lapse in your workers’ compensation coverage. Please pay attention to your policy’s effective date when making a payment to ensure it is received within the required timeframe. Read below for details on payment options and specific requirements.
Forms of payment
Paying online is the fastest and easiest way to pay your workers’ compensation premium. You can also pay by check or money order, and these can be mailed or hand-delivered.
P.O. Box 9403
Minneapolis MN 55440-9403
If you need to send your payment by overnight mail, please send to the following address:
3500 American Blvd, Suite 700
Bloomington MN 55431
Payments for renewal policies
Renewal payments must be postmarked on or before the renewal policy’s effective date, and must be received within ten (10) days of the effective date.
If the payment is received more than 10 (10), but not more than 20 days after the effective date, we will issue a new policy with an effective date of one day after the postmark date. The policy expiration date will remain the same.
If your payment is received more than 20 days after the renewal effective date, you must reapply for coverage by submitting a new application to the Minnesota Workers’ Compensation Insurers Association (MWCIA). The payment will be returned.
You have the option to set up an installment plan, which is a system for paying your insurance premium in fixed amounts at specified intervals. This is only an option on policies with current policy coverage and a premium greater than $2,000.
Call (877) 256-1411 if you are interested in setting one up.
Financed policies set up by an agent can be cancelled by the finance company if you fail to make payment to the finance company. It is important to note that Superior Point is not the finance company. Financed policies are subject to audit.
We send unpaid audits to collections after the payment time frame has expired.
If you miss a payment, you must reapply for coverage. You will also need to complete a short-term audit on the cancelled policy. A short-term audit is done during the policy period to assess accuracy of the classifications and premium.
If you have billing questions, call us at (877) 256-1411 or email us.