A & D ADVANCE CUSTOMS LLC

2015 HIGHWAY 90 A
MISSOURI CITY, TX 77489

Talking Points

For the Agent

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

  • A break in policy terms may indicate inconsistent work load which can result in substandard employment.
Needs Attention

Premium

Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.

  • Premium is Very Good, in the 8th percentile compared to peers.
Good

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 1st percentile compared to 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.

  • 6% of peers have changed carriers since last year. Those who did, saw a 6% decrease in premium vs those who stayed with their current provider had a 0.6% increase, roughly 9x those who stayed with their current provider.
  • Current Carrier's market share is in the 75th percentile at 0.7% of the market.
Needs Attention

Business Stats

Policy History

Term Carrier Premium LCM
2022

1.140
2021

1.140
2020
09-11-2019

1.650
2019
10-08-2018

1.650

Contacts

Wjmcwc Ndkby
Owner
(007) 077-2879
6d12

Industry Classification