RECON REAL ESTATE CONSULTANTS INC
700 N STANTON ST
EL PASO, TX 79902
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 is in-line with peers, in the 40th percentile.
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 74% 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.
- 6% of peers have changed carriers since last year.
- Current Carrier's market share is in the 99th percentile at 61.9% of the market.
Business Stats
Policy History
Term | Carrier | Premium | LCM | |
---|---|---|---|---|
2021 |
1.693 | |||
2020 |
1.693 | |||
2019 |
1.693 | |||
2018 |
- | |||
2017 12-23-2016 |
- | |||
2016 |
- | |||
2015 |
- | |||
2014 |
- |
Contacts
Industry Classification
Farm--NOC & Drivers
Other Services to Buildings and Dwellings
Business Services, Nec
Aerosol Containers--Filling or Charging for Others
0
农业和农业服务
91127
Alarms and Alarm Systems--Installation, Servicing or Repair
91177
Auctioneers--Sales Conducted Away from the Insured's Premises
61217
Buildings or Premises--Bank or Office--Mercantile or Mfg. (Lessor's Risk Only)--Maintained by the Insured--Other Than Not-For-Profit
41677
Consultants