Weidmann Electrical Technology Inc is based in Caledonia county in Vermont. They operate in the Manufacturing industry, specifically in Noncurrent carrying Wiring Devices, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.
They have been with the same worker's comp carrier for the last 5 years. We see commercial coverage for them in 7 states including Florida, Georgia, Missouri, New Hampshire, South Carolina, Texas, Vermont.
The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.697. A 1.697 LCM overall is a bit high, but check the market comparison below for more details. The (LCM) that they are with increased by 5% which is a significant shift. It is worth investigating why.
We know the Standard Premium for this company. You can see how it compares to similar businesses in the Market Comparison.
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Weidmann Electrical Technology Inc. This can give you an idea of what carriers might best fit your business.
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