Three men on construction site

Annual report

We remain committed to maintaining a solid financial base. For a complete summary of Builders Mutual’s financial history, review our most recent annual report.

2022 Annual Report

Archived reports

Safety pays

Builders Mutual is one of the few carriers that offers a dividend to its policyholders. Since 1984, we are proud to have returned over $75 million in dividends. To help make that possible, Builders Mutual offers free safety programs and education to help policyholders reduce losses and qualify for dividends. Safer job-sites mean more productive job-sites, as well as a chance for reduced premiums and a dividend at the end of the year.

The dividend distribution in 2024 totaled $3.3 million. This is a direct result of our policyholders’ conscientious efforts to make safety a priority.

Interior of house in framing stage


On May 2, 2023, A.M. Best Company, the leading source for information on the financial condition and operating performance of insurance companies worldwide, reaffirmed Builders Mutual’s rating of A "Excellent" for the 24th consecutive time.

In A.M. Best’s Rating Rationale Summary, Builders Mutual’s balance sheet was categorized as “Strongest”, highlighting the consistent, organic surplus growth over the last ten years. It also highlighted operating performance as “Strong”, noting significant net premiums in written growth over the last five years across all lines of business. A.M. Best describes the outlook for Builders Mutual as “Stable”, which reflects expectations that the company will maintain a balance sheet strength assessment in the strongest range over the immediate term while continuing to report favorable operating results.