JALARAMBAPA LLC DBA QUALITY INN & SUITES

1107 CALEB DR
ARNOLD, MO 63010

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 80% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Increased by 24%. 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.
  • Current Carrier's market share is in the 75th percentile at 2.8% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2022
02-25-2021

1.740
(Current: 1.824)
2022
12-04-2021

1.740
2022
12-28-2021

1.500
2021

1.400
2021
01-05-2021

1.400
2020

1.380
2020
09-20-2019

1.150
2019
01-10-2019

1.200

Contacts

Industry Classification