Have a question about Builders Mutual? Click on one of the topics below for more information, or scroll through the whole page. If you have further questions, please Contact Us.
Each state has a different rate. The calculation is outlined at the bottom of the Worksheet:
You will receive 2 worksheets in the month your current policy expires and your new policy renews. For example, if your policy expires on March 15 and your new policy renews March 16, you will receive 2 worksheets (one for the term March 1-15 and one for the term March 16-31). You must return both to avoid cancellation!
An audit is completed to ensure that your current policy has the most accurate class codes and estimated premiums based on your current operations.
If you are eligible to complete a self-audit, you will receive a letter containing a time-sensitive username, password, and website.
Yes, you may call our Customer Contact Center at (800) 809-4859 to request a copy.
A letter was mailed with your audit invoice detailing how to dispute an audit.
The discount factor is based on actual premium. Be sure to review your estimated bill carefully at the time of policy renewal, as this becomes the basis for your future reporting forms.
There may be several reasons:
The Expense Constant is not being billed again. To confirm:
General Liability has 2 sublines of coverage: Premises Operations and Products Completed Operations. The Premises Operations covers you while construction is in progress; Products Completed Operations covers you after construction is completed. These 2 sublines of coverage have different rates and are therefore listed separately on the bill.
Your HBA membership dues are paid directly to your local HBA. Payments are NOT made to Builders Mutual Insurance Company.
We cannot make payments for our policyholders. Click here to Find a Local HBA for phone and address information.
YES, your local HBA notifies Builders Mutual when your membership has lapsed. We will notify you that you are out of compliance via mail. Your local HBA will notify us when your dues are renewed.
The benefits of membership range from services that benefit your business to programs that enhance the business climate for home builders. HBA membership is an opportunity to build a network of professionals in the industry by sharing ideas with other builders, subcontractors, suppliers and service firms. These opportunities are in the form of monthly membership meetings, golf outings and other social gatherings. HBA membership is an opportunity to gain recognition and respect in the community and within the industry. As part of your membership dues, you automatically become a member of the local HBA, the NCHBA and the National Association of Home Builders (NAHB).
Back in the early '80s, builders couldn't get affordable workers' compensation insurance until the state home builders association (HBA) in NC found a way to fill the need. It established a self insured fund for its members. Nearly 15 years later, because of its success, the fund became Builders Mutual Insurance Company, and its territory expanded into other states. At Builders Mutual, we still serve the building industry exclusively, and we still understand the value of HBA membership. We were started by members, and we're here to insure eligible members.