Insurance Xdate > Reports > CO > Intrepid Potash Inc


Commercial Insurance Overview

Intrepid Potash Inc is based in Denver county in Colorado. They operate in the Manufacturing industry, specifically in Potash Soda and Borate Minerals, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.

Having been with the same worker's comp carrier for 12 years, it may be wise to shop around. We see commercial coverage for them in 8 states including Colorado, Idaho, Maryland, Nevada, Oklahoma, Tennessee, Texas, Virginia.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.824. A 1.824 LCM overall is a bit high, but check the market comparison below for more details. The (LCM) that they are with increased by 5% which is a significant shift. It is worth investigating why.

We know the Standard Premium for this company. You can see how it compares to similar businesses in the Market Comparison. The premium paid has decreased by -40%, does this mean payroll is decreasing or are they managing their risk better?

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Intrepid Potash Inc. This can give you an idea of what carriers might best fit your business.

$3.85$0.75
Erie Ins Grp
$1.50
$1.04$2.30
Berkshire Hathaway Grp
$2.20
$1.20$2.08
Hartford Fire & Cas Grp
$1.91
$0.83$3.56
Travelers Grp
$1.32
$0.85$3.85
Amtrust Ngh Grp
$1.85
$1.00$2.30
State Farm Grp
$2.09
$1.14$2.10
Selective Ins Grp
$3.03
$1.10$3.43
Markel Corp Grp
$2.06
$1.40$2.39
Proassurance Corp Grp
$1.65
$1.00$1.73
Liberty Mut Grp
$1.56
$0.75$3.20

Business Owners

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Agents

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Policy Renewal Date
Current Agent
Current Carrier
Policy Number
Class Code
SIC Code
NAICS Code
Premium
LCM
Multiple Locations
Multi State
Carrier Tenure
Revenue
Employees
Contact Email
Contact Phone
Linkedin
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Benefits
Loss Cost
FEIN
Coverage History

Carriers & Underwriters

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  • Appetite Analysis
  • Market Share Analysis