BOP

Nuts & Bolts: Superior Access is now offering a new BOP (Office Package Program) through a carrier with an AM Best Rating of “A+ XV”. Will entertain new ventures with a minimum of three years experience in their field. Agents submitting risks with losses will be referred to Superior Access Underwriting. Individual and multiple locations are okay but the online application is for one location only. Multiple locations must be submitted on ACORD form. Superior Access reports that some of the more popular classes of risk taking advantage of this program include but are not limited to: accounting & bookkeeping services, beauty/barber shops, investment firms, law offices, management consulting services, medical offices, real estate and retail.

Minimum premium is $500. Program offers an annual pay option or 25 percent option with nine monthly stips. Either option will be a direct, making it even easier to write. Note that these are guidelines only and may change by state so agents are encouraged to check their state eligibility requirements. Commissions are 10 percent on new and 8 percent on renewal business.

Carrier: Rated “A+ XV” by AM Best.

States Available: AL, AZ, AR, CA, CO, CT., DE, FL, GA, ID, IL, IN, IA, KS, KY, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, TN, TX, UT, VT, WA, DC, WV, WI and WY