Yates Industries, Inc. is based in Montgomery county in Pennsylvania. They operate in the Manufacturing industry, specifically in Fluid Power Cylinders and Actuators, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.
It looks like they just changed commercial insurance carriers. We see commercial coverage for them in 13 states including Alabama, Colorado, Florida, Georgia, Illinois, Montana, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Michigan.
The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 2.077. A 2.077 LCM overall is a bit high, but check the market comparison below for more details. The (LCM) that they are with increased by 30% which is a significant shift. It is worth investigating why.
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Yates Industries, Inc.. This can give you an idea of what carriers might best fit your business.
Enter the State, Mod, and Payroll for each employee class to get premium estimates from the top carriers writing that class of business
Carriers are sorted by number of accounts in that class of business.
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