Insurance Xdate > Reports > SD > Solar Pro Of The Black Hills Dba
Commercial Insurance Overview
Solar Pro Of The Black Hills Dba is based in Pennington county in South Dakota. They operate in the Transportation/Utilities industry, specifically in Electric Services, which is a low risk industry. The business is in the Assigned Risk pool, which means they are (or were) a high risk business. 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 have coverage data for them in a single state.
We know the Standard Premium for this company. You can see how it compares to similar businesses in the Market Comparison.
Premium Comparison
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to Solar Pro Of The Black Hills Dba. This can give you an idea of what carriers might best fit your business.
|
$3.85$0.75
|
||
|---|---|---|
| $1.50 32117 Businesses 2242 | ||
| $2.20 25207 Businesses 6534 | ||
| $1.91 87% 22158 Businesses 2305 | ||
| $1.32 14924 Businesses 1409 | ||
| $1.85 13877 Businesses 1630 | ||
| $2.09 5438 Businesses 624 | ||
| $3.03 5406 Businesses 336 | ||
| $2.06 2% 5380 Businesses 375 | ||
| $1.65 5258 Businesses 382 | ||
| $1.56 25% 4667 Businesses 343 |
|
|
||
|---|---|---|
Calculate Premium EstimatesEnter 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 Solar Pro Of The Black Hills Dba
For the Agent
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.
Premium
Worker's Comp premium is based on two key factors - the LCM your carrier has filed to use, and the total payroll you run over the policy term, which is multiplied by the rate to determine premium. Comparing premium to businesses in the same industry and of similar size can indicate how fair your WC insurance provider's costs are relative to the market.
- Premium is in-line with peers, in the 31st percentile.
Market Competitiveness
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.
- 3% of peers have changed carriers since last year.
- Current Carrier's market share is in the 1st percentile at 3.3% 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:
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