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Rates on Workers' Compensation Insurance are extremely expensive in the state of Alaska. Because rates are so high in Alaska it is imperative that business owner's take advantage of all the credits, discounts and special programs their business qualifies for.
At Workers Compensation Shop.com, we specialize in workers comp coverage. We are a nationwide retailer who partners with more than 30 insurance carriers. More than a dozen of these carriers are actively quoting policies in Alaska. Because we partner with more carriers than most agencies we are able to negotiate bigger discounts, but we also have the ability to offer more programs that might fit your businesses needs.
One such program is called Pay as You Go Workers Comp Coverage. This program gives businesses the option of paying their insurance premiums each month based on the payroll of their business. This prevents over or under paying, especially if your a business with irregular man hours. Lots of our customers love this option because it frees up cash-flow for other business needs and helps prevent an audit.
Call today to speak with one of our knowledgeable agents about all the ways we can save your business money 888-611-7467.
In most states, We generally target businesses where we have the best opportunity to provide the most savings. Often times, we've worked out special considerations for underwriting and/or pricing with some of our insurance partners. More policy discounts and credits may be applied.
Don't see your business or industry? Don't worry, we've still got you covered.
Our Pay As You Go workers' compensation insurance plans make it more affordable to buy workers' compensation insurance with little to no money required to start coverage. These plans also help reduce the risk of having a big audit bill at the end of the year because the premium you pay is based on your actual, real-time payroll.
We offer Pay As You Go workers comp from dozens of top-rated insurance companies. We can manage the reporting process directly, set your business up to report and pay the carriers, or work with your payroll provider to collect and pay your premium each pay period or monthly.
Alaska Coverage Requirements
In Alaska, companies with one or more employees are required by by State Law to carry workers' compensation coverage.
Alaskan rates on workers comp coverage are some of the highest in the country. On average employers pay 45 percent more than the rest of the country. Typically higher rates result from a lack of competition in the marketplace and a weak state fund/assigned risk provider.
Get more information about workers' compensation in Alaska:
Workers Compensation Info
Workers Comp Programs
National Broker Services