Insurance Xdate > Reports > PA > Propulsion Science & Technology Inc


Commercial Insurance Overview

Propulsion Science & Technology Inc is based in Bucks county in Pennsylvania. They operate in the Manufacturing industry, specifically in Guided Missiles and Space Vehicles, 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 4 years. 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 1.505. A 1.505 LCM overall is a bit high, but check the market comparison below for more details. The (LCM) that they are with increased by 14% which is a significant shift. It is worth investigating why.

Premium Comparison

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

$3.85$0.75
Erie Ins Grp
$1.50
$1.04$2.30
Berkshire Hathaway Grp
$2.20
$1.20$2.08
Hartford Fire & Cas Grp
$1.91
$0.83$3.56
Travelers Grp
$1.32
$0.85$3.85
Amtrust Ngh Grp
$1.85
$1.00$2.30
State Farm Grp
$2.09
$1.14$2.10
Selective Ins Grp
$3.03
$1.10$3.43
Markel Corp Grp
$2.06
$1.40$2.39
Proassurance Corp Grp
$1.65
$1.00$1.73
Liberty Mut Grp
$1.56
$0.75$3.20

Business Owners

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Agents

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Current Carrier
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NAICS Code
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Carriers & Underwriters

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