Carl H & Karen Nolt

155 East Wood Corner Road
Lititz, PA 17543

Talking Points

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 in-line with peers, in the 45th percentile.
  • There was a recent mod decrease.
Average

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 87% 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 99th percentile at 14.5% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2023

3.150
(Current: 3.269)
2022

3.150
2021

2.392
2020

2.392
2019

2.245
2018

2.245
2017

2.150
2016

2.150
2015

2.070
2014

-
2013

-
2012

-
2012
01-01-2011

-
2011

-
2010

-
2009

-

Contacts

Iaxk X Jjpu
Co-Owner
(552) 801-7921
324

Industry Classification

Motor Carrier