MORGAN EXTERIORS LLC

78 LONDONDERRY TPKE UNIT E1
HOOKSETT, NH 03106

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

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 84% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
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.

  • 8% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 18.1% of the market.
Good

Business Stats

Policy History

Term Carrier LCM
2022

1.544
(Current: 1.520)
2021

1.544

Contacts

Rhaf Bvsmigc
Partner
(038) 849-9205
wrdcotbpilppfud@wvtcj.qjw

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(735) 304-6430
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Industry Classification

Motor Carrier