T&T Contracting Inc

520 Mudmill Road
Marydel, DE 19964

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 very good. It is in the 21st percentile compared to peers.
Good

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.

  • 15% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 7.1% of the market.
Good

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

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.440
2022

1.440
2021

1.440
2020
01-04-2020

2.170
2019

2.100
2019
01-04-2019

1.900
2019
01-04-2019

1.900
2018

1.900
2018

2.100
2018

1.900
2017
01-04-2017

1.565
2016

1.589
2015

1.550
2015
01-04-2014

1.810
2014

-
2013

-
2012

-
2012
01-04-2011

-
2011

-
2011
01-04-2010

-
2011
01-04-2010

-
2010

-
2009

-
2009
01-04-2008

-

Contacts

Lqkcpze O Cazbmp
President
(370) 125-8711
305b

06
(029) 101-4098
20c

Industry Classification


OSHA

Motor Carrier