https://completemarkets.com/company/bisa-inc/Workers-Compensation-for-Environmental-Contractors/
A.M. Best "A" rated insurance companies.
Available in all non-monopolistic states.
$75,000 minimum target premium.
Experience mods up to 1.25 can be considered.
Guaranteed cost and deductible plans.
Overview of the Program From Bonding and Insurance Specialists Agency, Inc.
Bonding and Insurance Specialists Agency, Inc. (BISA) offers a specialized Workers' Compensation program tailored for environmental contractors. With access to A.M. Best "A" rated carriers and a deep understanding of the unique risks in the environmental sector, BISA helps agents place complex accounts with confidence. Whether you're working with contractors handling hazardous materials, site remediation, or environmental testing, this program is designed to provide comprehensive, flexible coverage solutions.
Ideal Accounts and Appetite
This program is ideal for mid-sized to larger environmental contractors with premiums starting at $75,000. BISA targets a variety of environmental service providers, including but not limited to:
Asbestos and lead abatement contractors
Environmental remediation firms
Hazardous waste haulers
Underground storage tank removal contractors
Environmental consulting firms with field operations
Experience mods up to 1.25 can be considered, offering flexibility for accounts with slightly elevated loss histories that still demonstrate strong risk management practices.
Coverage Highlights and Advantages
Key features of the program include:
Access to top-tier A.M. Best "A" rated carriers
Guaranteed cost and deductible plan options
Competitive underwriting for accounts with moderate loss experience
Broad risk appetite across environmental services and contracting classes
Workers' Compensation is a critical component of coverage for environmental contractors exposed to chemical, biological, and physical hazards in the field. This program addresses those exposures with underwriting expertise and responsive claims handling.
Underwriting Notes and Minimum Premiums
The minimum target premium for this program is $75,000. Accounts below this threshold may not be considered. Submissions should include complete ACORD applications, loss runs, and details of safety protocols. Deductible and guaranteed cost structures are available depending on the risk profile and state regulations.
Territories and Availability
This program is available in all non-monopolistic states, giving you access across a wide geographic range. Currently, BISA is able to write business in the following states:
Available States: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WI.
Note: Monopolistic states such as ND, OH, WA, and WY are excluded from this program.
Why Work With BISA on This Business
Bonding and Insurance Specialists Agency, Inc. brings decades of experience in placing complex and hard-to-insure risks. Their deep market relationships with strong carriers and focus on specialized industries like environmental contracting make them a valuable partner for agents and brokers. You can count on BISA for responsive service, competitive options, and underwriting insight that helps you win and retain business in this niche.
Whether you're working with a regional environmental remediation firm or a national contractor performing hazardous site cleanups, BISA has the tools and expertise to support your Workers' Compensation placements.
Frequently Asked Questions
What types of accounts are a good fit for this Workers' Compensation program?Mid-sized to large environmental contractors, including remediation firms, hazardous waste haulers, and abatement contractors with premiums starting at $75,000.
Can accounts with prior losses or higher experience mods be considered?Yes, accounts with experience mods up to 1.25 may be eligible, depending on the overall risk profile and safety practices.
Is this program available nationwide?It is available in all non-monopolistic states. Monopolistic states like ND, OH, WA, and WY are excluded.
What is the minimum premium requirement?The minimum target premium for this program is $75,000.
What types of plan structures are available?Both guaranteed cost and deductible plans are available, based on the account’s needs and underwriting approval.
Need help placing an account? Connect with a market specialist.