Your claims costs affect your accident insurance premium. A safer workplace is the main way to reduce your premium, but there are other options too.
A good safety culture, the apprentice discount and a 3% pay-in-full discount can all help lower what you pay.
A safer workplace can help lower your premium
Strong, ongoing workplace safety is the most effective way to reduce what you pay overtime.
Better safety means less injuries, less claims and lower claims costs.
This can lead to:
- a better claims experience over time
- a lower premium.
Taking steps for safety can help everyone
A safe workplace doesn't just help lower your premium.
It also:
- helps protect your workers
- can lower your industry rate
- supports lower average premium rates across Queensland businesses.
Looking after your workers is key to better safety
Looking after your workers – whether or not they’ve been injured at work – can help lower your claim costs by:
- preventing some workplace injuries, and
- supporting workers to return to work sooner after an injury.
We can help you with better safety and claims performance
Talking with us about your workplace and your policy can help.
We can help you
- Improve your return-to-work strategies, like suitable duties programs.
- Find industry case studies that show practical ways to keep workers safe.
- Understand how we look at your performance and how it compares to others in your industry.
- Work with Workplace Health and Safety Queensland on safety and prevention initiatives.
- Register for the free Injury Prevention and Management program
Learn how to support your workers’ recovery and return to work.
You can also access resources on these pages:
If you’d like help or more information, contact us.
Employing apprentices is another way to reduce your premium
If you employ one or more apprentices, you may be eligible for an apprentice discount.
How the apprentice discount works
We use your wages to work out your premium.
This discount takes apprentice wages out of the calculation. This usually means you pay less.
You still need to declare your apprentice wages – we exclude them when we work out your premium.
How you can qualify
To get the apprentice discount:
- you need to employ and pay wages to at least one apprentice
- apprentices must be employed under an official apprenticeship arrangement or training contract
- trainees are not included
- you can check whether an employee is an apprentice or trainee by searching their qualification code (found on their training contract) on the Queensland Training Information Service
- the discount applies to all wages paid to apprentices for work related to their apprenticeship.
Declare your wages by 31 August
Include apprentice wages in your normal wage declaration when you renew your policy.
If wages are not declared by 31 August, you won’t be eligible for the discount.
Apprentices are still covered under your policy
Your apprentices are covered for workplace injuries under your policy.
Any claims made will still count towards your premium.
Learn more about how we calculate your premium.
Get a 3% discount when you pay your premium in full
You may also be eligible for a 3% policy discount if you:
- declare your wages by 31 August, and
- pay your premium in full by 16 September.
This is available to all policies over $200.