Looking for Workers Compensation Carriers for New Ventures and 1st Time Buyers

Apr 26, 2016

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  1. QCcoverage
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    QCcoverage New Member

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    Hello, I am having a very difficult time trying to find carriers that will accept New Venture and 1st time Work Comp buyers for coverage.
    I have called WC carriers all over the country with no luck.

    Are there any other options out there besides the assigned risk pool?
    The rates that AR has to offer is $17 per $100, how are these guys supposed to make a living and follow the rules?

    The main class codes I am having issues with is 5403 Carpentry NOC

    Thanks,
    Barry
     
  2. FEX Quotes
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    FEX Quotes Guru

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    Have you looked at FastComp?

    Fastcomp Agents
     
  3. BigSteve
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    BigSteve Super Genius

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    What are we talking for payroll?
     
    BigSteve, Apr 26, 2016
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  4. Lopezshow
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    Lopezshow Expert

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    i just wrote one through Markel/First Comp through a GA Richter Robb it got placed pretty quick.
     
  5. ModernInsurance
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    ModernInsurance Super Genius

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    Markel/First Comp and Fast Comp are both good for those types of risks. Also, many of the carriers will write new business ventures, provided the owner has 10+ years of experience managing/operating a similar business.
     
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