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SubsidyWest VirginiaActiveVerified

West Virginia Workers' Compensation Premium Discount

BrickStreet Insurance / WV Office of Insurance Commissioner (WV OIC)WV-WC-DISCRefreshed 1 month ago
Do I qualify?
Max funding

Varies

Amount varies

Type

Subsidy

Ongoing cost support

Deadline

Rolling

No fixed cutoff

Timing

Rolling

No fixed cutoff

Complexity

Moderate

Standard state application

About This Program

New businesses relocating to West Virginia receive a 25% workers' compensation insurance premium discount for the first 3 years of operation. Reduces startup operating costs for manufacturing, distribution, and service businesses moving jobs to WV.

Key Requirements & Eligibility

  • 1New business establishing operations in West Virginia
  • 2Discount: 25% off workers' compensation premiums for 3 years
  • 3No minimum job creation requirement for discount
  • 4Business must be newly established in WV (not existing WV business)
  • 5Apply through WV OIC-licensed carrier at time of policy issuance

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.New business establishing operations in West Virginia

2.Discount: 25% off workers' compensation premiums for 3 years

3.No minimum job creation requirement for discount

4.Business must be newly established in WV (not existing WV business)

5.Apply through WV OIC-licensed carrier at time of policy issuance

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