TEXAS 4 H YOUTH DEVELOPMENT FOUNDATI
NOT AVAILABLE
COLLEGE STATION, TX 77842
Talking Points
Premium
Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium.Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.
- Premium isVery Good, in the 23rd percentile compared to peers.
- In the last year, premiumDecreasedby more than 75% of peers.
LCM Rate
When you get coverage from a Carrier, you are placed in one of their 'Carrier Tiers' (An insurance company under the carrier's umbrella). These individual tiers get a rating from the bureau referred to as an LCM, which effects the premium you pay.
- The LCM of the Current Carrier isHigherthan 90% of peers.
- Shopping around for a carrier that would provide a more competative tier would make sense.
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.
- 5% of peers have changed carriers since last year.
- Current Carrier's market share is in the 99th percentile at 75.1% of the market.
Business Stats
Policy History
Term | Carrier | Premium | LCM | |
---|---|---|---|---|
2021 |
1.693 | |||
2020 |
1.693 | |||
2019 |
1.693 |
Contacts
Industry Classification
Farm--NOC & Drivers
Child and Youth Services
Civic and Social Associations
农业和农业服务
41001
Boy or Girl Scout Councils
41668
Clubs--Civic, Service or Social--Having Buildings or Premises Owned or Leased--Not-For-Profit Only
62003
Condominiums--Residential--(Association Risk Only)
49870
YMCA, YWCA or Similar Institutions
49891
Youth Recreation Programs--Not-For-Profit Only