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CA Workers Comp Market for local haul trucking company

  • Commercial Agent/Broker
    Posts: 25
    Posted on 01/31/2011
    TeddyB
    I currently controll my insureds workers comp coverage. My insured operations of business is a local for hire trucking company hauling good locally in the Los Angeles area. My insured is currently with Southern Insurance. My insured's payroll has increased from $89,000 to $189,000 and Southern Insurance has raised their rates. My insured is under the impression that Tower Insurance has great rates for Local Trucker for hire. My insured wants a quote from Tower, however i am having trouble finding a market that has access to Tower. Can anyone help me out. My insured wants to move Southern. They renew in April and do not want to wait for the renewal. Can anyone help me with this?

    Teddy B
    Teddy B
  • Senior Consultant
    Posts: 107
    Posted on 02/01/2011
    Chad Filley
    TedddyB,

    If Tower is the client's only acceptable solution then there is no need to continue reading.  I have a couple different PEO markets that I can approach with this risk. The biggest immediate advantage the client would see is they wouldn't have the huge downpayment that they are currently facing.  As with most PEO options they would more than likely have to be willing to outsource the processing of the payroll. (it is possible they could keep it in house)  If you are not fiamiliar with the in & outs outs of the PEO world give me a call for more details.

    Chad Filley
    Staff Brokers, Inc.
    877-416-0668
  • Posts: 3
    Posted on 02/01/2011
    jnunez
    Please contact me @ 209-518-6410 to discuss your needs

    Thanks,

    Jeff Nunez 
  • VP Underwriting
    Posts: 39
    Posted on 02/01/2011
    Rich Bren
    Go back and read some posts similar to this one under this FORUM section....January 21, December 3, and November 4 have similar posts with responses you will find helpful. rb
  • Posts: 1
    Posted on 02/02/2011
    invest30
    Tower is somewhat competitive, but I know of others that are less expensive if the MOD is 1.0 and you don't have to sign up with a payroll company. Also I can finance the Work Comp as well... with low down payments to start.

    Mike Vestito
    Statewide Insurance Services Inc
    916-503-6227 Direct Line
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