Insurance Xdate > Reports > PA > Bnz Materials, Inc


Commercial Insurance Overview

Bnz Materials, Inc is based in Butler county in Pennsylvania. They operate in the Manufacturing industry, specifically in Cement Hydraulic, 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 6 states including Colorado, Florida, Georgia, Illinois, Pennsylvania, Texas.

The LCM is the rate that is applied to a carrier, representing the risk covered by that carrier. The current carrier's LCM is 3.422. A 3.422 LCM overall is a bit high, but check the market comparison below for more details. The (LCM) that they are with increased by 32% which is a significant shift. It is worth investigating why.

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 rather good, no matter what type of business. The rating based on their claims (MOD) increased by 25% which is not good. It is worth investigating why, and taking action to mitigate risks

Premium Comparison

This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Bnz Materials, 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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Ex MOD
LCM
Multiple Locations
Multi State
Carrier Tenure
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Employees
Contact Email
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OSHA
Benefits
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FEIN
Coverage History

Carriers & Underwriters

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