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Ratings & Endorsements

Builders Mutual Announces A.M. Best Rating Affirmed

March 17, 2008

AM Best A Excellent Rating for Builders Mutual Insurance CompanyRaleigh, N.C. – Builders Mutual Insurance Company's rating of "A" (Excellent) was reaffirmed on March 17, 2008 by A.M. Best Company, the leading source for information on the financial condition and operating performance of insurance companies worldwide. According to A.M. Best, the rating "reflects the company's favorable operating history, sound reserve position and strong niche market presence in the residential construction market with a specific focus on workers' compensation. These positive attributes are supported in part by the company's local market expertise and affiliation with the North Carolina Home Builders Association (NCHBA). Strong underwriting results have contributed to solid earnings, providing internally generated growth in surplus over the last five years."

Endorsements

BMIC has enjoyed a strong relationship with the HBA. We are endorsed by the NCHBA and HBAT. Policyholders must be members of a local association in these two states. For more information on local membership please click here to find your local association.

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From Our Customers

The reporting forms are like clockwork, so we can manage our cash flow better by paying what we owe when we owe it.

Staci
Policyholder
Yorktown, VA
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P.O. Box 150005 Raleigh, NC 27624-0005 Local Tel: (919) 845-1976 Toll-Free: (800) 809-4859
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