Agents Corner- Welcome Bob Breazeale
July 12, 2022
Welcome Bob Breazeale! We are pleased to announce Bob Breazeale has joined AlaCOMP as our North Alabama Marketing Representative. Bob brings additional underwriting and marketing experience to AlaCOMP. Bob lives in Huntsville, AL and his expertise and drive will be an asset as we continue to grow in North Alabama.
MOREAgents Corner- AlaCOMP’s Loss Control Specialists
July 12, 2022
AlaCOMP's Loss Control Specialists AlaCOMP’s Loss Control Specialists partner with your insured by providing recommendations that promote a safer workplace. They do this by working collaboratively with our in-house Data Analyst. This allows our Loss Control Specialists to utilize a focused, data-driven approach. AlaCOMP’s Loss Control Specialists are available to meet and work with every member, no matter the size of the business. Additionally, AlaCOMP offers our members a…
MOREAgents Corner- AlaCOMP Minimum Premium Guidelines
July 12, 2022
AlaCOMP Minimum Premium Guidelines AlaCOMP’s minimum premium for most industries quoted is $1,000. Our exceptions are: 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 $25,000 If you have any questions regarding our minimum premium guidelines, please contact Bob Breazeale or Karl Peterson . …
MOREAgents Corner- Artisan Contractors
June 03, 2022
AlaCOMP wants Artisan Contractors AlaCOMP's Minimum Premium for Artisan Contractors is $1,500! We are a market for most Artisan Contractors. However, General Contractors, Roofers, Framers, and Gutter Installation are ineligible classes. If you have any questions on AlaCOMP's eligible class codes or minimum premium requirements please don't hesitate to contact Karl Peterson , Bob Breazeale or our Underwriting Department . *Please note that…
MOREAgents Corner- Waivers of Subrogation
June 03, 2022
Waivers of Subrogation AlaCOMP can provide Waivers of Subrogation, both Specific and Blanket. Annual Waiver fees are: $250 for Blanket Waiver $25 for Specific Waiver 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 10 days, and the endorsement fee is $50. If you have any questions, please contact Karl Peterson .
MOREAgents Corner- Out of State Coverage
June 02, 2022
Need Out of State Coverage ? AlaCOMP Has You Covered. AlaCOMP’s cross-border program written through Midwest Employers Casualty provides a seamless solution for you and your client. Out-of-state policies can be written in conjunction with an active AlaCOMP policy, and we can issue a short-term policy to coincide with the Alabama policy. Submissions can be sent to quotes@alacompins.com . If you have questions or need help, please contact Karl , Bob or Naomi . **Please remember that…
MOREAgents Corner- AlaCOMP Writes Ghost Policies
April 13, 2022
AlaCOMP Writes Ghost Policies AlaCOMP writes Ghost Policies. Ghost Policies must fit the following criteria: Employer must not use any employees, day laborers, or subcontractors Owner is excluded Our team will quote and bind a Ghost Policy on any account that falls within our current underwriting guidelines. Annual premium for Ghost Policies is $750 plus $185 membership dues. The premium is fully earned but is prorated for mid-term binds. After October 15, 2022, a minimum premium…
MOREAgents Corner- Audit Season Closing
April 13, 2022
Audit Season Closing Soon Our Underwriting Team has been hard at work processing AlaCOMP's 2021 Final Audits. We want to remind you audit season will be closing soon. If you or one of your clients has a question or needs help finishing their audit, don't hesitate to contact our Underwriting Team . At AlaCOMP, our underwriters process our audits, saving you time and limiting the headaches that are inherent in the audit process. A better way of handling audits - Another AlaCOMP Difference…
MOREAgents Corner- AlaCOMP’s New Online Payment System
April 13, 2022
AlaCOMP has launched our new easy-to-use online payment system. Although the new electronic billing system is optional, we are encouraging all our insureds to opt-in and take advantage of these easy-to-use features: Conveniently pay invoice(s) online through our portal Make a one-time payment Schedule payments before the due date Sign-up for AutoPay for current installments and audit balances Enroll in Pay by Text Making our insureds lives easier makes our agents lives easier. If you have any…
MOREInvoice Cloud is Going Live
March 03, 2022
We are going live! We are very excited to announce that our new electronic invoice system is now active! Do you make payments for your insured? This feature is now available to our agents to make those payments. It's easy to Pay! Please login to the agent portal and follow the instructions below: To make payment: Log into the portal Click view “My Policies” In the drop-down menu, click “View Policy” Click…
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