DONELSON CYCLES INC

9851 SAINT CHARLES ROCK RD
SAINT ANN, MO 63074

Talking Points

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 62% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 3%. While peers Increased an average of 3%.
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.

  • 11% of peers have changed carriers since last year.
  • Of those who changed carriers, 1.8% decreased their LCM vs those who stayed with their current provider who saw a 4.1% increase.
  • Current Carrier's market share is in the 75th percentile at 7.1% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2022

1.476
(Current: 1.463)
2021

1.180
2021

1.430
2020
12-31-2020

1.450
2019

1.450
2019
12-31-2018

1.740
2018

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Contacts

c9
(079) 861-1585
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Industry Classification