Fm Food Service Inc Commercial Insurance Report

Insurance Xdate > Reports > NY > Fm Food Service Inc

Commercial Insurance Overview

Fm Food Service Inc is based in Queens county in New York. 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 have coverage data for them in a single state.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 1.025. An LCM of 1.025 is pretty good. More details on how it compares can be seen below. Their LCM has decreased -11% which is a good sign. They either shifted to a better carrier tier, or were placed with a better carrier.

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Fm Food Service Inc. This can give you an idea of what carriers might best fit your business.

		$3.85$0.75
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.

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Insurance Xdate > Reports > NY > Fm Food Service Inc

Commercial Insurance Overview

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