FastComp.com Adds Workers’ Compensation Coverage in Ten States

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Ten new states now have access to workers’ compensation coverage from FastComp.com. The states are Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, Oklahoma, Oregon, Rhode Island and Utah.

The product is now available to independent agents in more than 30 states and offers coverage for many classes of workers’ compensation business.

The FastComp.com coverage uses proprietary software to simplify selecting and processing workers’ compensation risks, based on the fact that many classes are almost always approved. It allows independent agents to price risks in minutes and eliminates the need to wait for an underwriter.

In addition to the new states, the Hudson, Ohio-based FastComp.com operates in Alabama, Arkansas, Arizona, Delaware, The District of Columbia, Florida, Georgia, Indiana, Louisiana, Kentucky, Maryland, Minnesota, Missouri, North Carolina, New Jersey, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and West Virginia.


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Comments

  • March 27, 2012 at 9:54 pm
    matt says:

    Are the rates competitive and if so, how do I get appointed?

  • April 11, 2012 at 12:23 pm
    Dwight Dowell says:

    We have a new opportunity! An “A” Rated Worker Comp Carrier being introduced to your State (Nevada) for the first time! I want to start working with you right away!
    1. No LOSS Runs needed (under $35K premium)
    2. $0.00 down payment and No set-up fee
    3. Pay as you go premium (no Minimum premium!)
    4. Commissions paid on Insurance AND on payroll processing
    We can save the client on both the Insurance premiums and processing their payroll…BUT, they do not have to switch payroll companies…we also have a 15% down and monthly reporting!

    Please let me know if you are interested in working with me. I am only looking for a few agents!
    Best regards,
    Dwight Dowell

  • April 22, 2012 at 5:31 pm
    Rakesh says:

    Workmens Comp will cost you apx 1% of each worker’s slraay monthly. Not too expensive but it eats up your profit. Business insurance will be tied into the type of operation you run. Heavy trucks and lifting motors? $250 per worker per month? Sitting in an office? $50 per worker per month.You didn’t mention health insurance but you can guess that will be at least $250 per month per person without covering their family.I hope that you are really going to open a business. i did. I wish i’d done it sooner. It’s been fun.

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