LETS FRAME IT INC

27 E PROSPECT ST
WALDWICK, NJ 07463

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 Very Good, in the 23rd percentile compared to peers.
Good

Experience Mod Rating

Mod is an indication of how risky a company is to insure. It is based on a company's claim history.

  • Experience Mod is in-line with peers, in the 40th percentile.
  • There was a recent mod increase.
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.

  • 10% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 99th percentile at 20% of the market.
Good

Similar Businesses

Business Stats

Policy History

Term Exp. Mod Carrier Premium
2024
AR
2024
AR
2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

Contacts

a92
(648) 032-2669
08c

3
(707) 101-9265
4198f

3a
e1d
jansqhyeb@roa.rva

Industry Classification