Spec Processing Group Inc is based in Gloucester county in New Jersey. They operate in the Manufacturing industry, specifically in Soil Preparation Services, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.
Having been with the same worker's comp carrier for 7 years, it may be wise to shop around. We have coverage data for them in a single state.
An Experience Mod (MOD) is a rate applied to the business. It represents how risky the business is based on past claims. This business has a MOD of... You'll need to join... Which is an excellent rating no matter the industry, and should be able to shop aggressively.
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Spec Processing Group Inc. This can give you an idea of what carriers might best fit your business.
Enter the State, Mod, and Payroll for each employee class to get premium estimates from the top carriers writing that class of business
Carriers are sorted by number of accounts in that class of business.
Mod is an indication of how risky a company is to insure. It is based on a company's claim history.
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.
Our market intelligence, prospecting database, and software can streamline your new business process. This listings contains: Policy Renewal DateCurrent CarrierPolicy NumberClass CodeSIC CodeEx MODMulti StateCarrier TenureEmployeesContact PhoneWebsiteLoss CostCoverage History
Our data provides an unparalleled view into the commercial insurance market across the US. Examples include:
We will utilize our unique insights into the business insurance market to find up to three appropriate carriers and agents, and will put them in contact with you to provide a quote.
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