Juniper Auto Repair Inc.

1900 W Moyamensing Ave
Philadelphia, PA 19145

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 Higher than 61% of peers.
  • Shopping around for a carrier that would provide a more competative tier would make sense.
  • In the last year, LCM Decreased by 26%. While peers Increased an average of 2%.
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.

  • 7% of peers have changed carriers since last year.
  • Of those who changed carriers, 2.6% decreased their LCM vs those who stayed with their current provider who saw a 1.8% increase.
  • Current Carrier's market share is in the 95th percentile at 3.7% of the market.
Good

Business Stats

Policy History

Term Exp. Mod Carrier LCM
2022

1.693
2021

2.275
2020

2.515
2019

2.515
2018

1.670
2017

1.670
2016

1.670
2015

1.670
2014

-
2013

-
2012

-
2011

-
2011
03-16-2010

-
2010

-
2009

-

Contacts

Gsyukgb Apnoa
Owner
(213) 783-2765
02b86

Industry Classification