WorkSafe

At Builders Mutual, we are committed to helping prevent workplace accidents and injuries to your employees. As you know, accidents and injuries can have a significant impact on your company. The cost of injuries includes not only your insured costs, such as medical and compensation payments, but also uninsured costs such as employee turnover and decreased productivity. For every dollar spent on insured costs, your company will incur other costs which are at least 3-5 times as great.  In many instances, companies do not consider uninsured costs and their impact on a company's profitability.

BMIC recognizes the importance of management controls. Management must take the necessary steps to promote and encourage safety at the workplace. Without such controls, the safety of employees may be at risk. We look forward to working with you to develop effective safety controls which can ultimately reduce your operating costs.

Thus, our Risk Management department is prepared to assist your company with accident prevention through our WorkSafe program. Since first introduced in November 1998, WorkSafe has proved to be quite successful for both our policyholders and our company. Our Risk Management CD, available to our agents and clients, includes valuable information and detailed documents to increase safety on the job site and help builders and their staff manage safety effectively. Click here to order a Risk Management CD.

WorkSafe® also includes OSHA-approved 10-hour courses and a 2-hour fall protection course.

Workers' Compensation

Here's how our policy benefits you:

• Your cash flow will be improved
  Because your monthly premium is based on actual payroll for the previous month rather than an estimate, premiums are in proportion to the amount of work in progress.  Using our system of monthly payroll reports, you get maximum control of your business's cash flow.
• Paperless claims reporting saves you valuable time
  When a claim occurs, policyholders may call our toll-free claims reporting number to report a claim.  BMIC records all the necessary information over the phone and completes the paperwork for you. 
• Our program can save you money
  Through loss cost rating, BMIC is able to offer competitive rates to keep your workers' compensation expenses low. To date BMIC has returned nearly $30,000,000 in surplus distribution to eligible policyholders.
• We specialize in your business
  No other company insures more people in the construction business than Builders Mutual.  We've spent years researching and evaluating the special needs of businesses like yours and have developed our policy to specifically meet your needs.

* All products may not be available in every state. Please contact BMIC headquarters in Raleigh, NC for more details.