E FFICIENT SCHOOL TRANSPORTATION LLC

422 84TH LN NW
COON RAPIDS, MN 55433

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

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is high. It is in the 96th percentile compared to peers.
  • There was a recent mod increase.
Needs Attention

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 Higher than 79% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • LCM Increased by more than 75% of peers.
Needs Attention

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.

  • 17% of peers have changed carriers since last year.
  • Of those who changed carriers, 11% decreased their LCM vs those who stayed with their current provider who saw a 1.3% decrease, a difference of roughly 8x.
  • Current Carrier's market share is in the 99th percentile at 16.7% of the market.
Needs Attention

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

2.450
2020
AR
-
2020
AR
-
2019
AR
-
2018
AR
-

Contacts

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Principal
(388) 051-2447
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Industry Classification

Motor Carrier