Bravo's Construction LLC

20871 Sanfilippo Rd
Bridgeville, DE 19933

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 34th percentile.
  • Mod decreased by more than 75% of 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 Higher than 69% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 65%. While peers Increased an average of 3%.
Needs Attention

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, 8% decreased their LCM vs those who stayed with their current provider who saw a 5.4% increase.
  • Current Carrier's market share is in the 1st percentile at 5.3% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2024

1.875
2023

1.135
2022

1.135
2022
07-01-2021

1.720
2021

1.720
2020

1.720
2019

1.720
2019
07-01-2018

1.352
2018
01-26-2018

1.590
2017

1.524
2016

1.524
2015

1.524
2014

-
2013

-
2012

-
2011

-
2010

-

Contacts

Rwjnli Mxynj
Registered Agent
(292) 346-4084
920b1

Industry Classification

Motor Carrier