Nelson Volunteer Fire Co Inc

PO Box 56
Nelson, PA 16940

Talking Points

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier isVery Good, in the 20th percentile compared to peers.
Average

Market Competitiveness

We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.

  • 11% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 47.7% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.580
2021

1.530
2020
10-31-2020

3.187
2019

3.187
2018

3.187

Contacts

Industry Classification