Colorado West Adventures LLC
Colorado West Adventures LLC, located in Mesa County, Colorado, operates within the retail sector, specifically focusing on sporting goods and bicycle shops, which are classified as low-risk industries. The company has maintained a relationship with the same workers' compensation carrier for the past three years, demonstrating a commitment to effective risk management.
With a competitive loss cost multiplier (LCM) of 1.058, Colorado West Adventures is positioned favorably in comparison to similar businesses, as evidenced by a 14% decrease in premiums over the last year while industry peers experienced an average increase. The company's proactive approach to managing risks has allowed it to remain in the 99th percentile for market share within its class of business.
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