When North Carolina contractors choose to insure with Builders Mutual, we require that they join and maintain a membership in a local North Carolina HBA. This requirement stems back to our roots and strong ties with the NCHBA, demonstrating our long lasting commitment to the construction industry.
In the early 1980s, builders in North Carolina had difficulty accessing affordable Workers’ Compensation insurance. For this reason, the North Carolina Home Builders Association (NCHBA) established a self-insured fund for its members. When it was created, HBA membership was a key requirement for all policyholders. Nearly 15 years later, the fund evolved into an independent mutual insurance company, and Builders Mutual was born.
Over the years, we have expanded into additional states and established partnerships with various industry associations. However, we never lose sight of our roots. Builders Mutual remains exclusively dedicated to the construction industry, and we understand the value of an HBA membership. Through the years Builders Mutual has been actively involved with the HBA – from participating in legislative initiatives in our nation’s Capital, to grassroots community outreach. We were founded by members, and we’re here to insure eligible members.
HBA membership is key to maintaining a Builders Mutual policy in North Carolina, but there’s more to member benefits than just Builders Mutual.
Builders Mutual believes when contractors are actively engaged in a Home Builders Association, it shows they are invested in their business and that they are giving back to their industry. With this in mind Builders Mutual maintains Premier Partnerships with the HBA of SC, HBA of TN and the HBA of Virginia. In these relationships, Builders Mutual assists in sponsoring and promoting the great work of the associations for the construction industry.