W F Construction Inc & W F Consulting Inc

PO Box 9817
Newark, DE 19714

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 67th 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 60% 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.

  • 16% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 75th percentile at 3.9% of the market.
Average

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

1.720
2022

1.720
2021

1.720
2020

1.720
2019

1.720
2018

1.720
2017

1.642
2016

1.642
2015

1.642
2014

-
2013

-
2012

-
2011

-
2011
04-11-2010

-
2010

-
2010
04-11-2009

-
2010
04-11-2009

-
2009

-

Contacts

Youhjtt Bppvq
Principal
(127) 141-2244
392e

Industry Classification

Motor Carrier