Jamestown Iron Works Inc

2022 ALLEN ST. EXT
FALCONER, NY 14733


Commercial Insurance Overview

Jamestown Iron Works Inc is based in Chautauqua county in New York. They operate in the Manufacturing industry, specifically in Gray and Ductile Iron Foundries, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.

It looks like they just changed commercial insurance carriers. We have coverage data for them in a single state.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.200. An LCM of 1.200 is pretty good. More details on how it compares can be seen below. Their LCM has decreased -13% which is a good sign. They either shifted to a better carrier tier, or were placed with a better carrier.

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. The rating based on their claims (MOD) went down by -22% which is great. It might make sense to shop around for new coverage. Carriers love lower risk.

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Jamestown Iron Works Inc. This can give you an idea of what carriers might best fit your business.

$3.85$0.75
Erie Ins Grp
$1.50
$1.04$2.30
Berkshire Hathaway Grp
$2.20
$1.20$2.08
Hartford Fire & Cas Grp
$1.91
$0.83$3.56
Travelers Grp
$1.32
$0.85$3.85
Amtrust Ngh Grp
$1.85
$1.00$2.30
State Farm Grp
$2.09
$1.14$2.10
Selective Ins Grp
$3.03
$1.10$3.43
Markel Corp Grp
$2.06
$1.40$2.39
Proassurance Corp Grp
$1.65
$1.00$1.73
Liberty Mut Grp
$1.56
$0.75$3.20

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Policy Renewal Date
Current Carrier
Policy Number
Class Code
SIC Code
Ex MOD
LCM
Multi State
Carrier Tenure
Revenue
Employees
Contact Email
Contact Phone
Website
OSHA
Loss Cost
Coverage History


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