Sitek Construction LLC

774 Martin Ln
Harrisburg, PA 17111

Talking Points

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 Very Good, in the 15th percentile compared to peers.
  • LCM Decreased by more than 75% of peers.
Good

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 95th percentile at 8.3% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.499
2021

2.275
2020

1.886
2019

1.886
2018

1.415
2017
10-18-2017

2.789
2016

2.702
2015

2.549

Contacts

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(758) 350-9081
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Industry Classification

Motor Carrier