Bechik Products Inc

860 BLUE GENTIAN RD, STE 140
EAGAN, MN 55121

Commercial Insurance Overview

Bechik Products Inc is based in Dakota county in Minnesota. They operate in the Manufacturing industry, specifically in Narrow Fabric Mills, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.

Having been with the same worker's comp carrier for 7 years, it may be wise to shop around. We see commercial coverage for them in 2 states including Alabama, Minnesota.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 2.556. A 2.556 LCM overall is a bit high, but check the market comparison below for more details. Their LCM has decreased -13% which is a good sign. They either shifted to a better carrier tier, or were placed with a better carrier.

An Experience Mod (MOD) is a rate applied to the business. It represents how risky the business is based on past claims. This business has a MOD of... You'll need to join... Which is an excellent rating no matter the industry, and should be able to shop aggressively. The rating based on their claims (MOD) increased by INF% which is not good. It is worth investigating why, and taking action to mitigate risks

Premium Comparison

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