COASTAL LINE HANDLING & PILOTING INC

PO BOX 15095
SAVANNAH, GA 31416

Talking Points

Premium

Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.

  • Premium is in-line with peers, in the 44th percentile.
  • In the last year, premium Decreased by more than 75% of peers.
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 Very Good, in the 9th 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.

  • 14% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 42.9% of the market.
Good

Business Stats

Policy History

Term Carrier Premium LCM
2023
AR
0.975
2022
AR
0.975
2021
AR
1.070
2020
AR
1.070
2019
AR
1.360
2018
AR
1.360
2017
AR
1.360
2016
AR
-
2015
AR
-
2014
01-04-2014
AR
-

Contacts

Ursi A Tfdxaybz Kph
President
(410) 232-0614
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Industry Classification