Coverage that Does More: Returns, Renewals & Loss Ratio

At HomeBuilders SIF, we understand that providing workers’ compensation isn’t just about meeting the minimum requirements – it’s about exceeding expectations and adding value to our members’ businesses. Our commitment to excellence is evident in the dividends we return, our high renewal rates and our industry-leading loss ratios. 

More Dividends, More Value

One of the most significant ways we demonstrate the strength and stability of our fund is through the dividends we distribute to our members. We’re excited to distribute another $2 million this June, following a similar distribution this past March. With these latest distributions, HomeBuilders SIF has returned nearly $121 million in dividends to its members.

Strong Member Retention

This year, we’ve continued to see strong member loyalty with a renewal rate of 97%. Such a high retention rate underscores our members’ trust and satisfaction with our services. It also highlights the benefits that our coverage provides, not just in terms of financial protection but also in supporting the broader community of our members.

Industry-Leading Loss Ratios

Our focus on safety and proactive risk management has resulted in a five-year average loss ratio under 30%, leading the industry. This achievement is mainly due to our safety-conscious members and the dedicated efforts of our specialized Loss Control Representatives and experienced claims staff. Our Loss Control services are offered free of charge and are an essential part of our strategy to keep workplaces safe and insurance costs down. If you still need to take advantage of these services, we highly encourage you to schedule a visit to see how we can help you improve your workplace safety protocols.

Committed to Excellence

At HomeBuilders SIF, our commitment goes beyond coverage – we aim to be a partner in enhancing your business and safeguarding your workforce. Through strategic risk management, generous dividend distributions and a focus on member retention, we strive to offer coverage that not only protects but also provides exceptional value.

By becoming a member, you’re investing in a safer, more stable future for your business. Let us show you how our coverage does more for you!