S T S Inc is based in Washington county in Vermont. They operate in the Manufacturing industry, specifically in Saw Blades and Handsaws, 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 2 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 1.088. An LCM of 1.088 is pretty good. More details on how it compares can be seen below. The (LCM) that they are with increased by 33% which is a significant shift. It is worth investigating why.
We know the Standard Premium for this company. You can see how it compares to similar businesses in the Market Comparison. The premium paid has increased by 157%. Relevant questions to ask are has payroll increased or have claims increased?
This chart represents the range and distribution that carriers are charging per $100 of payroll for businesses similar to S T S Inc. This can give you an idea of what carriers might best fit your business.
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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