Waivers of Subrogation
June 21, 2023
Waivers of Subrogation AlaCOMP provides both Blanket and Specific Waivers of Subrogation. AlaCOMP’s Waivers Automatically renew. You do not need to request an annual renewal. Once the Waiver is in place, it renews! You only have to touch an AlaCOMP Waiver once! AlaCOMP can also provide a 30-day Notice of Cancellation Endorsement. The endorsement provides 30-day notice for any reason other than non-payment, which is ten days, and the endorsement fee is $50. Annual Waiver fees are:…
MOREAlaCOMP’s Risk Management Process
June 07, 2023
AlaCOMP’s Risk Management Process AlaCOMP’s Risk Management Team partners with your insured by providing recommendations that promote a safer workplace. AlaCOMP’s Risk Managers utilize a data driven approach that allows them to equip the insured with the tools necessary to help pinpoint hazards and mitigate them to achieve a safety culture that fosters an environment of accident prevention. AlaCOMP’s Risk Management Team is available to meet and work with every…
MOREAlaCOMP’s Easy to Use Online Quote/Bind
May 03, 2023
AlaCOMP’s Easy to Use Online Quote/Bind Have you used AlaCOMP’s Quote/Bind portal? This is what our agent partners are saying: Auburn agent:, “Easy to use.” Vestavia Hills agent:, “Easy way to do business.” Mobile agent:, “Exceptionally convenient.” If you haven't tried it, check out our easy-to-use quote/bind online portal today! Our portal offers: $9,000 and below in premium are eligible for online quote 30% credit…
MOREAlaCOMP Writes Ghost Policies
April 26, 2023
AlaCOMP Writes Ghost Policies AlaCOMP writes true ghost policies. All AlaCOMP's ghost policies are quoted with zero payroll. Our annual premium is $750 plus $190 membership dues. The employer must not have any employees, day laborers, or subcontractors. Owner is excluded Premium is fully earned and prorated if written mid-term AlaCOMP can quote a ghost policy on any risk within our standard appetite If you have any questions, please reach out to Marketing Team . True Ghost…
MOREAlaCOMP Minimum Premium Guidelines
April 11, 2023
AlaCOMP Minimum Premium Guidelines AlaCOMP’s minimum premium is $1,000. The following are a few exceptions. Artisan Contractors, (excluding lawn care and janitorial services), -minimum premium is $1,500 Churches and Daycares - minimum premium is $5,000 Local Trucking - minimum premium is $10,000 Long haul - minimum premium is $10,000 Please contact the Marketing Department if you have any questions regarding minimum premiums.
MOREAudit Season Closing Soon
March 28, 2023
Audit Season Closing Soon AlaCOMP’s Underwriting Team has been working hard processing the 2022 Final Audits. Don’t forget that audit season will be closing soon. If you or one of your clients has questions or needs help finishing their audit, please contact our Underwriting Team. At AlaCOMP, our underwriters process our audits, saving you time and limiting the problems and related headaches inherent to the audit process. Another AlaCOMP Difference …
MOREAlaCOMP Quote/Bind Online Credit
March 28, 2023
AlaCOMP Quote/Bind Online Credit One question frequently asked is, “What if I need more than 30% credit?” Click here to see our Senior VP, Carol Maske, and our VP of Marketing, Karl Peterson, discuss this question. If you have any additional questions, please get in touch with our Marketing Team.
MOREHave you tried AlaCOMP’s Quote/Bind Online?
March 28, 2023
Have you tried AlaCOMP’s Quote/Bind Online? AlaCOMP now offers quote/bind online. If you haven't tried it, check out our easy-to-use quote/bind portal today! Our new system offers: Quotes $5,000 and below in premium eligible. 30% credit automatically applied. Class Codes are easily searchable by code or description. If you need assistance, please contact the Marketing Team.
MOREAlaCOMP Offers Deductible Options
March 28, 2023
AlaCOMP Offers Deductible Options AlaCOMP can provide deductible options ranging from $5,000 to $500,000. We offer thoughtful real-world solutions tailored to fit your insured's needs. Contact AlaCOMP’s Marketing Team to learn more.
MOREAlaCOMP’s Online Quote/Bind is now ACTIVE
March 28, 2023
AlaCOMP’s Online Quote/Bind is now ACTIVE Wow! The initial response to AlaCOMP’s quote/bind portal has been incredible! Agents have been able to quote and bind accounts in as little as 4 minutes. Our new system offers the following: Quotes $5,000 and below in premium eligible. 30% credit automatically applied. Class Codes are easily searchable by code or description. If you have not had an opportunity, check out our portal to see how easy quote/bind is to use. If you need…
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