Carpet Binding Service Inc

8652 OLD ARDMORE RD
LANDOVER, MD 20785

Commercial Insurance Overview

Carpet Binding Service Inc is based in Prince Georges county in Maryland. They operate in the Manufacturing industry, specifically in Yarn Spinning Mills, 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 3 years. We see commercial coverage for them in 2 states including Maryland, Virginia.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 2.297. A 2.297 LCM overall is a bit high, but check the market comparison below for more details.

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Carpet Binding Service Inc. This can give you an idea of what carriers might best fit your business.

		$3.85$0.75
Erie Ins Grp Pol Rate: 1.50 Med. LCM: 1.50	$1.50 32117 Businesses 2242
Berkshire Hathaway Grp Pol Rate: 2.20 Med. LCM: 2.20	$2.20 25207 Businesses 6534
Hartford Fire & Cas Grp Pol Rate: 1.91 Med. LCM: 1.91	$1.91 87% 22158 Businesses 2305
Travelers Grp Pol Rate: 1.32 Med. LCM: 1.32	$1.32 14924 Businesses 1409
Amtrust Ngh Grp Pol Rate: 1.85 Med. LCM: 1.85	$1.85 13877 Businesses 1630
State Farm Grp Pol Rate: 2.09 Med. LCM: 2.09	$2.09 5438 Businesses 624
Selective Ins Grp Pol Rate: 3.03 Med. LCM: 3.03	$3.03 5406 Businesses 336
Markel Corp Grp Pol Rate: 2.06 Med. LCM: 2.06	$2.06 2% 5380 Businesses 375
Proassurance Corp Grp Pol Rate: 1.65 Med. LCM: 1.65	$1.65 5258 Businesses 382
Liberty Mut Grp Pol Rate: 1.56 Med. LCM: 1.56	$1.56 25% 4667 Businesses 343

Class	Payroll
Total Payroll:	$0


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Carpet Binding Service Inc

8652 OLD ARDMORE RD LANDOVER, MD 20785

Commercial Insurance Overview

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8652 OLD ARDMORE RD
LANDOVER, MD 20785