Stephen C Bennington DBA Bennington Ceramic Tile

11 Discovery Ln
Selbyville, DE 19975

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 65th percentile.
  • There was a recent mod decrease.
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 Higher than 67% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
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.

  • 17% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 4.6% of the market.
Average

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.853
2022

1.853
2021

1.853
2020

1.853
2019

1.853
2018

1.909
2017

1.909
2016
01-03-2016

2.447
2015

1.855
2014

-
2013

-
2012

-
2011

-
2010

-
2009

-

Contacts

7d
(349) 144-2813
3fd0c

Industry Classification

Motor Carrier