James Foods Inc

611 E GILBREATH ST
GRAHAM, NC 27253

Commercial Insurance Overview

James Foods Inc is based in Alamance county in North Carolina. They operate in the Manufacturing industry, specifically in Frozen Specialties Nec, 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 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 1.328. A 1.328 LCM overall is a bit high, but check the market comparison below for more details. Their LCM has decreased -8% which is a good sign. They either shifted to a better carrier tier, or were placed with a better carrier.

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 a little high, but really depends on the type of business. The rating based on their claims (MOD) increased by 58% 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 James Foods Inc. This can give you an idea of what carriers might best fit your business.