Workers’ Compensation
Advantage Specialty will underwrite all Workers’ Compensation policies through a number of (A) rated insurance companies
Available States:
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New Jersey
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Pennsylvania
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Suburban New York
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Delaware
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Virginia
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Florida
*Our companies are licensed widely throughout the country and can accommodate incidental coverage where needed.
Minimum Premium: $1,500.00
Competitive Loss Cost Multipliers In: Hazard Groups 1-3
Pennsylvania
Virginia
Delaware
Preferred Classes of Business:
- Restaurants
- Wholesalers
- Retailers
- Machine Shops
- Automobile Dealers/Auto Body Repair
- Manufacturers
- Many other classes are available
For all classes of business, driving exposure must constitute less than 30% of the total payroll.
Before submitting your application for consideration at Advantage Specialty, please review this list of important materials and include the following information with your submission.
- Three to five years of currently-valued loss runs (dated within six months of submission)
- Most recent Experience Modification Worksheet or audited payrolls for three years
- Expiring premium and payrolls
- A detailed description of operations
- ACORD application
- A comprehensive account of any past losses in excess of $25,000