RDZ CONSTRUCTION

6721 QUEBEC ST
COMMERCE CITY, CO 80022

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 64th percentile.
  • In the last year, premium Decreased by 3%. While peers Increased an average of 2%.
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.

  • 9% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 1st percentile at 1.5% of the market.
Needs Attention

OSHA

Most employers with 10 or more employees are required to maintain injury and illness records, known as the 300 log. In the event of an inspection, this information will likely be requested. Even without injury or claim, the proper documentation should be readily available on a location by location basis. These logs are critical but simple to maintain.

  • Businesses with serious and/or repeat violations should be provided with risk management practices to eliminate unnecessary risk and minimize what must exist in current processes.
Needs Attention

Similar Businesses

Business Stats

Policy History

Term Carrier Premium LCM
2024

-
2023

-
2023
07-26-2022

1.590
2022

1.590
2021

1.540
2020

0.000
2019
11-27-2018

-
2018

-
2017

-
2016

-
2015

-
2014

-
2014
03-04-2014

-

Contacts

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Chief Executive Officer
(621) 844-8416
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Registered Agent
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Industry Classification


OSHA