The Benefits of Using a Self-Insured Group for Workers’ Compensation

When it comes to protecting your employees and your business, workers’ compensation is more than a legal requirement. It’s a responsibility to take care of your team when they need it most. But not all workers’ comp providers operate the same way. 

For the construction industry, a self-insured group like HomeBuilders SIF offers tailored benefits that a traditional carrier can’t. From safety resources and industry-specific expertise to controlled costs, see why employers opt to self-insure their workers’ compensation program. 

1. Localized, Industry-Tailored Expertise

HomeBuilders SIF was established in 1980 by members of the Louisiana Home Builders Association (LHBA) to meet the unique needs of our state’s builders and contractors. We understand your work, your challenges and your priorities because we’ve been part of the industry from the very beginning.

2. Stability You Can Count On

In an industry where hundreds of workers’ comp providers have come and gone, we’ve been here for over 40 years — and we’re not going anywhere. Since 1994, we’ve returned more than $90 million to our participants, proving that we’re a fund that gives back.

3. Local and Endorsed

We are Louisiana-born and bred, with our heart firmly planted in this state. Our sole focus is on serving the hardworking people who build and maintain our communities. We’re also proud to be the only workers’ comp provider endorsed by the LHBA.

4. Safety-First Approach

The goal of a self-insured group is to help members better manage the cost of workers’ compensation insurance. We do this by providing tailored resources — such as loss control services, on-site visits, sample safety plans and toolbox talks — that make job sites safer and reduce costly injuries. Our commitment to safety protects what matters most: your people and your bottom line.

5. Convenience at Your Fingertips

With our new online member and agent portals, you have 24/7 access to your account, making it easier than ever to manage your workers’ comp coverage.

The Bottom Line:

When you join HomeBuilders SIF, you’re not just buying workers comp coverage — you’re joining a community built on trust, stability and a shared commitment to Louisiana’s construction industry. We’re here to help you protect your team, your business and your future.