Insurance Xdate > Reports > DE > A1 Sanitation Inc


Commercial Insurance Overview

A1 Sanitation Inc is based in New Castle county in Delaware. They operate in the Transportation/Utilities industry, specifically in Equipment Rental and Leasing Nec, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.

It looks like they just changed commercial insurance carriers. We see commercial coverage for them in 2 states including Delaware, Maryland.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.440. A 1.440 LCM overall is a bit high, but check the market comparison below for more details. Their LCM has decreased -16% which is a good sign. They either shifted to a better carrier tier, or were placed with a better carrier.

An Experience Mod (MOD) is a rate applied to the business. It represents how risky the business is based on past claims. This business has a MOD of... You'll need to join... Which is rather good, no matter what type of business. The rating based on their claims (MOD) increased by 25% which is not good. It is worth investigating why, and taking action to mitigate risks

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to A1 Sanitation 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

Market Comparison for A1 Sanitation Inc

For the Agent

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.
Needs Attention

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is high. It is in the 83rd percentile compared to peers.
  • Mod increased by more than 75% of peers.
Needs Attention

LCM Rate

LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.

  • The LCM of the Current Carrier is Very Good, in the 19th percentile compared to peers.
  • In the last year, LCM Decreased by 16%. While peers Increased an average of 1%.
Good

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.

  • 16% of peers have changed carriers since last year.
  • Of those who changed carriers, 3.3% decreased their LCM vs those who stayed with their current provider who saw a 0.3% decrease, a difference of roughly 13x.
  • Current Carrier's market share is in the 75th percentile at 5.5% of the market.
Needs Attention

Business Owners

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  2. Try our 100% free premium estimate tool to compare coverage options.
  3. Get a Quote from a real agent, guided by our market insights.

Agents

Our market intelligence, prospecting database, and software can streamline your new business process. This listings contains:

Policy Renewal Date
Current Carrier
Policy Number
Class Code
SIC Code
NAICS Code
Ex MOD
LCM
Multiple Locations
Multi State
Carrier Tenure
Revenue
Contact Email
Contact Phone
Website
Loss Cost
Coverage History

Carriers & Underwriters

Our data provides an unparalleled view into the commercial insurance market across the US. Examples include:

  • Competitive Account Won/Loss
  • Competitive Class distribution
  • Appetite Analysis
  • Market Share Analysis