Delaware Trenching Inc

18 Albe Dr Suite H
Newark, DE 19702

Talking Points

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 in-line with peers, in the 54th percentile.
  • Mod decreased by more than 75% of peers.
Average

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 17th percentile compared to peers.
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.

  • 13% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 1st percentile at 1.9% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.407
2023
01-04-2022

1.568
2022
01-04-2022

2.091
2021

1.407
2021

2.091
2020

2.385
2020
09-24-2019

1.440
2020
10-27-2020

1.330
2019

1.440
2019
10-27-2019

1.330
2018

1.440
2018

1.330
2018
09-24-2017

1.620
2017

1.620
2016

1.620
2015

1.620
2015
09-01-2015

1.299
2014

-
2013

-
2012

-
2011
09-24-2011

-
2010
06-19-2010

-
2009

-
2009
07-21-2008

-

Contacts

11e
(844) 154-5752
704ba

Industry Classification

Motor Carrier