Self-Insured Fund vs. Traditional Carrier: What Louisiana Builders Should Know

When it comes to workers’ compensation coverage, Louisiana’s builders and contractors have more than one option, but not all coverage is created equal. For over 40 years, HomeBuilders SIF has offered an alternative to traditional insurance carriers, built specifically to serve the construction industry.

So, what makes a self-insured fund different, and why does it matter for your business?

Member-Owned, Not Corporate-Driven

Unlike standard carriers that answer to outside shareholders, HomeBuilders SIF exists solely to serve its members. That means every decision we make, from claims management to safety services, is designed to protect and support the builders, subcontractors and tradespeople who make up our Fund.

Premium Dollars That Work for You

When you’re part of a self-insured fund, your premium dollars stay within the group. If claims are low and funds remain after expenses, those dollars don’t disappear into corporate profits — they’re returned to members. It’s a model that rewards safety, accountability and the collective strength of Louisiana’s construction community.

Focused on Builders, Backed by Experience

We know construction, it’s who we are. For decades, HomeBuilders SIF has provided specialized coverage, expert claims management and industry-specific safety resources tailored to the unique risks of homebuilding. From residential contractors to specialty trades, our team understands your challenges and works to keep your operations protected and productive.

Safety Support That Builds Stronger Teams

Safety is our foundation. Our members receive comprehensive safety training, jobsite inspections and guidance designed to reduce risks and prevent injuries before they happen. The safer your team, the stronger your business — and the healthier our Fund.

Built by Builders, for Builders

When you join HomeBuilders SIF, you’re not just purchasing a policy. You’re becoming part of a community. Our board of trustees is made up of Fund members, ensuring every decision reflects the needs and priorities of Louisiana’s homebuilding industry.

If you’re looking for a workers’ compensation partner that puts your business first, HomeBuilders SIF is built for you. Learn more about the benefits of membership and how we can help you build safely, confidently and together.