CopperPoint Mutual Insurance Company

The worst. We forgot to submit this document stating why we had to remove a specific person from our articles of organization. I attempted to contact the rep several times but it always went to voicemail and every time he’d call us back it would go to ours, so we were playing phone tag. We are busy running our company, so when we call, we need to be able to speak to someone and not to a voice machine.
The bottom line is we forgot to submit this paperwork back to them and they dropped us! We had worker’s comp through them for 7 years, with only one claim filed (and the claim wasn’t even that much) and they wouldn’t re-​instate us.
Too bad for them, we took our business elsewhere. And I’m actually glad we did because we ended saving $ 8,000 on our annual policy.
I would suggest if you’ve been in business for a while to get a quote from your other insurance providers (auto, liability, etc.). What I found is that if you bundle, your pricing decreases substantially. This state fund insurance is basically for companies that just start out that don’t have a history with anyone, so I guess that is one pro to them.
Good riddance Copper Point, I won’t miss you. Go Farmer’s!

***PROS***
* They offer Workers Compensation Insurance for employers in the state of AZ
* They accept check or credit card payments
* They respond quickly to emails
***CONS***
* Annual audit of your payroll records determine your annual fee
* Statements demanding payment are issued when you have a CREDIT on file
* Credit is eaten up when audit accesses you (surprise) owe twice as much as the year prior
Yes, I am now getting quotes from other companies for Workers Comp Insurance after years of being insured by SCF. I accidentally paid my bill twice, and after being reviewed/​audited, it was determined by SCF that my fee had increased and I will receive only a $ 47.00 refund check (out of the extra $ 400 that I sent).
Fool me once…