AAA FIREPLACE INC

300 LEGUIN MILL RD
LOCUST GROVE, GA 30248

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
Needs Attention

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 47th percentile.
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 in-line with peers, in the 49th percentile.
Average

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. Those who did, saw a 4.1% decrease in premium vs those who stayed with their current provider had a 0.3% increase, roughly 13x those who stayed with their current provider.
  • Current Carrier's market share is in the 99th percentile at 14.5% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
2023
AR
1.730
2022
09-15-2022
AR
1.700
2021
AR
1.650
2021
09-15-2021
AR
1.000
2020
AR
1.650
2020
AR
1.000
2019
09-15-2019
AR
1.650
2019
09-15-2019
AR
1.000
2018
AR
1.000
2018
09-15-2018
AR
1.650
2017
AR
1.650
2016
AR
-
2015
AR
-
2014
AR
-

Contacts

Elrknm Tnfn
President
(123) 966-9660
6976

Zviozz Gote
President
(413) 530-0666
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(631) 454-3566
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Industry Classification

Motor Carrier