Century Seals, Inc is based in Sussex county in Delaware. They operate in the Manufacturing industry, specifically in Electronic Parts and Equipment Nec, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.
It looks like they just changed commercial insurance carriers. We see commercial coverage for them in 3 states including Delaware, Maryland, Virginia.
The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.170. An LCM of 1.170 is pretty good. More details on how it compares can be seen below. Their LCM has decreased -39% which is a good sign. They either shifted to a better carrier tier, or were placed with a better carrier.
An Experience Mod (MOD) is a rate applied to the business. It represents how risky the business is based on past claims. This business has a MOD of... You'll need to join... Which is an excellent rating no matter the industry, and should be able to shop aggressively.
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Century Seals, Inc. This can give you an idea of what carriers might best fit your business.
Enter the State, Mod, and Payroll for each employee class to get premium estimates from the top carriers writing that class of business
Carriers are sorted by number of accounts in that class of business.
Our market intelligence, prospecting database, and software can streamline your new business process. This listings contains: Policy Renewal DateCurrent CarrierPolicy NumberClass CodeSIC CodeEx MODLCMMulti StateCarrier TenureRevenueEmployeesContact EmailContact PhoneWebsiteBenefitsLoss CostFEINCoverage History
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