Green Guys Carpet Care LLC

PO Box 1278
Lewistown, PA 17044

Talking Points

For the Agent

These are points that might help guide an agent as they look to approach a prospect.

  • Increasing LCM and decreasing market share may indicate carrier is tightening underwriting guidelines and/or has written higher risk accounts that they are less willing to fight for.
Needs Attention

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 Higher than 59% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • LCM Increased by more than 75% of peers.
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.

  • 9% of peers have changed carriers since last year.
  • Of those who changed carriers, 4% decreased their LCM vs those who stayed with their current provider who saw a 2.8% increase.
  • Current Carrier's market share is in the 75th percentile at 1.3% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.972
2021

1.852
2020

1.790
2019

1.790
2018

1.790
2017

1.790
2016

1.790
2015

1.790
2014
09-12-2014

-
2013
09-12-2013

-

Contacts

3b
(252) 973-1989
9b0b

Industry Classification