The AmeriComp Program is a mono-line Workers’ Compensation facility designed for accounts with premiums of $5,000 and up. Some classes of business could have a higher minimum premium. In-house underwriting for accounts up to $150,000 allow for quick quotes. Eligible classes vary by state.
Quick turnaround for accounts:
• $5,000 to $250,000 in manual premium
• Experience modifications to 1.79
• New ventures considered
Middle Market to Large Accounts:
• Guarantee Costs Available
• Loss sensitive programs available on accounts over $500,000 of manual premium
• High experience modifications will be considered
Coverages:
• Workers’ Compensation – statutory
• Employers Liability – up to $1,000,000 / $1,000,000 / $1,000,000
Minimum Premium:
$5,000 based on the class of business
Requirements:
• Completed ACORD applications
• 5 years of loss information
• Copy of the experience modification
Availability:
All states except OH, ND, WY, and WA
Carrier:
All AmeriComp Carriers are A.M. Best rated A- or better