Jake G Schneider Bus Contractor LLC

PO Box 7 Rte 18
Atlasburg, PA 15004

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

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 high. It is in the 91st percentile compared to peers.
  • Mod increased by more than 75% of peers.
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 85% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
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.

  • 5% of peers have changed carriers since last year.
  • Current Carrier's market share is in the 95th percentile at 7.2% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

2.100
2021

2.100
2020

1.870
2019

1.870
2018

1.870
2017
08-22-2016

2.789
2017
08-22-2017

2.789
2016

2.702
2015

2.549
2014
08-22-2014

-
2013
08-22-2013

-
2012

-
2011

-
2011
08-22-2010

-
2010

-
2009

-

Contacts

Djuy Rartfxnxu
Owner
(125) 020-3219
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Industry Classification