BRIAN ZIEGLER

314 RIVER AVENUE
POINT PLEASANT, NJ 08742

Talking Points

Premium

Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.

  • Premium is in-line with peers, in the 43rd percentile.
  • In the last year, premium Increased by 5%. While peers Increased an average of 3%.
Average

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.

  • 13% of peers have changed carriers since last year. Those who did, saw a 2.3% increase in premium vs those who stayed with their current provider had a 3.2% increase.
  • Current Carrier's market share is in the 99th percentile at 15.4% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier Premium
2023
AR
2023
AR
2022
AR
2022
AR
2021
AR
2020
AR
2018

2017

2016

2015

2014

2013

Contacts

Industry Classification