These are points that might help guide an agent as they look to approach a prospect.

• A break in policy terms may indicate inconsistent work load which can result in substandard employment.

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 5th percentile compared to peers.

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 92% of peers.
• Shopping around for a carrier that would provide a more competative tier would make sense.

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.

• 7% of peers have changed carriers since last year. Those who did, saw a 11.2% decrease in premium vs those who stayed with their current provider had a 1.6% decrease, roughly 7x those who stayed with their current provider.
• 当前运营商的市场份额在第99个百分位数，占市场的85.2％。