For your safety as well as our employees, we are taking precautions to prevent the spread of COVID-19.
CompSource Mutual is open for business via phone, email and online. However, our Oklahoma City and Tulsa buildings are closed until further notice.
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COVID-19 Policyholder Relief

“…Serving as a trusted partner to the Oklahoma business community.” The CompSource Mutual mission statement ends with those words. Our ability to serve as a trusted partner to our agents and policyholders hasn’t been put to a greater test in recent history than right now.

COVID-19 brought with it concerns for our physical health but also the health of businesses that now face uncertainty due to operations that changed in the blink of an eye. In response to the challenges being faced by our community, effective immediately, we’re implementing the following measures:

  • Instituted a 14-day reinstatement policy for any policyholder who has a lapse in coverage and provides a Statement of No Losses
  • Immediate 90-day suspension on issuance of any cancelations
  • Increased the accessibility to monthly payroll reporting by lowering our minimum qualifying premium to $5,000
  • Extended our renewal grace period from 10 days to 30 days
  • Wages paid to employees being asked to stay home temporarily will be excluded from the premium calculation with proper documentation
  • For policyholders who have difficulty making full payment, please contact our Billing Department and we’ll work to arrange an agreeable payment plan

It might be hard to imagine the future with today’s uncertainties, but CompSource Mutual is committed to being instrumental in our policyholders’ success by partnering with them to find solutions to their challenges today.

Please discuss these options with your policyholders and contact our Underwriters to utilize the assistance outlined. While we’re working virtually; we are fully operational and prepared to provide the high level of service you have come to expect from us.

Thank you for your valued partnership and continued support of CompSource Mutual.

AGENT PORTAL

Now you can get your quotes even faster. Our new Agent Portal allows you to quickly and easily submit applications, get quotes, bind coverage and manage renewals.

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Become a Contracted Agent

Thank you for your interest in CompSource Mutual’s agent program. We look forward to establishing a business relationship with you. Please click the link below to find our more about becoming a contracted agent.

Become a Contracted Agent