JD Asphalt Inc

933 N Dupont Blvd 114
Milford, DE 19963

Talking Points

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 in-line with peers, in the 38th percentile.
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 75th percentile at 2.7% of the market.
Average

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.590
2021

1.590
2021
11-15-2020

1.450
2020

1.450
2020
11-15-2019

3.051
2019

2.827
2018

2.827

Contacts

Industry Classification

Motor Carrier