Commercial Insurance Overview
Caresource is based in Montgomery county in Ohio. They operate in the Services industry, specifically in Home Health Care Services, which is a low risk industry. It is worth putting effort into risk management to be able to leave the Assigned Risk pool.
They have been with the same worker's comp carrier for the last 2 years. We see commercial coverage for them in 23 states including Alabama, Arizona, Colorado, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Minnesota, Missouri, North Carolina, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, .
Premium Comparison
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Caresource. This can give you an idea of what carriers might best fit your business.
|
|
|
Erie Ins Grp
Pol Rate: 1.50 Med. LCM: 1.50 | $1.50
32117 Businesses 2242 | |
Berkshire Hathaway Grp
Pol Rate: 2.20 Med. LCM: 2.20 | $2.20
25207 Businesses 6534 | |
Hartford Fire & Cas Grp
Pol Rate: 1.91 Med. LCM: 1.91 | $1.91 87%
22158 Businesses 2305 | |
Travelers Grp
Pol Rate: 1.32 Med. LCM: 1.32 | $1.32
14924 Businesses 1409 | |
Amtrust Ngh Grp
Pol Rate: 1.85 Med. LCM: 1.85 | $1.85
13877 Businesses 1630 | |
State Farm Grp
Pol Rate: 2.09 Med. LCM: 2.09 | $2.09
5438 Businesses 624 | |
Selective Ins Grp
Pol Rate: 3.03 Med. LCM: 3.03 | $3.03
5406 Businesses 336 | |
Markel Corp Grp
Pol Rate: 2.06 Med. LCM: 2.06 | $2.06 2%
5380 Businesses 375 | |
Proassurance Corp Grp
Pol Rate: 1.65 Med. LCM: 1.65 | $1.65
5258 Businesses 382 | |
Liberty Mut Grp
Pol Rate: 1.56 Med. LCM: 1.56 | $1.56 25%
4667 Businesses 343 | |
|
Class
|
Payroll
|
|
Total Payroll:
|
$0 |
|
|
|
Calculate Premium Estimates
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.
|
Market Comparison for Caresource
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.
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.
- 31% of peers have changed carriers since last year. This might indicate carriers are competing aggresively for similar businesses to cover.
- Of the 31% of peers who changed carriers, This might indicate carriers are competing aggresively for similar businesses to cover.
- Current Carrier's market share is in the 95th percentile at 4.9% of the market.
Business Owners
- We don't sell insurance. Our market intelligence allows us to find the ideal commercial insurance partner.
- Try our 100% free premium estimate tool to compare coverage options.
- Get a Quote from a real agent, guided by our market insights.
Agents
Our market intelligence, prospecting database, and software can streamline your new business process. This listings contains:
Policy Renewal Date
Current Carrier
Class Code
SIC Code
Multiple Locations
Multi State
Carrier Tenure
Contact Phone
Website
Benefits
FEIN
Coverage History
Carriers & Underwriters
Our data provides an unparalleled view into the commercial insurance market across the US. Examples include:
- Competitive Account Won/Loss
- Competitive Class distribution
- Appetite Analysis
- Market Share Analysis
Get A Quote
We will utilize our unique insights into the business insurance market to find up to three appropriate carriers and agents, and will put them in contact with you to provide a quote.
Would you like to transfer the workflow to . Please confirm below.
Please confirm to permanent delete the record.
Join To Continue with Free Reports
We're glad you are enjoying the view into the extensive data we offer.
We ask that you register for an account to continue viewing these reports.
No obligation, you won't be charged anything. We just hope that once you join, you might check out all that Insurance Xdate has to offer Agents, Agencies, and Carriers.
Subscribe To Continue
You have reached your daily limit of reports. Please consider subscribing to continue benefiting from the abundant data Insurance Xdate has to offer. Subscribing gives you access to:
- Unlimited report access
- Prospecting Data for P&C and Benefits
- Producer reports
- Loss Run Requests
- Submission Management
It looks like you already have an account with us
You are permitted one free trial account. You can reset your password if you have forgotten it. If you would like a demo please contact us.
Set your appointment date/time: