Why This Credit Goes Uncollected

​The System Is Not Designed to Work in Your Favor

Every state that operates a construction premium credit program makes those credits available to eligible employers — construction companies whose workers earn wages above a specified threshold. The credit can reduce premiums by 10%, 15%, 20%, or more, depending on the program and average hourly wage.

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Yet historically, only 2% to 25% of eligible construction companies actually apply for and receive these credits. The rest pay full premium — often for years — without ever knowing the money was available.

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​Why does this happen?

Two reasons:

1. The application process is burdensome and technical

2. No one in the transaction is financially motivated to help you file

— except you.​

• ​The Insurance Company benefits when you don't file. Your premium credit, if uncollected, stays on the books as revenue. A higher premium means a higher profit margin. The carrier has no obligation to notify you of your eligibility — and no incentive to do so.

• Your Broker benefits when you don't file. Broker commissions are typically calculated as a percentage of premium. A lower premium means a lower commission. Even a broker acting in good faith rarely has the technical expertise to prepare and file a construction credit application on your behalf.

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You — The Insured is the only party who benefits from filing.

The credit comes directly off your premium. Every dollar you fail to claim is a dollar that goes to someone else. We work only for you — and we are the only party in this transaction whose fee depends on your savings.

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The bottom line: If you are a construction employer and you are not actively filing for your construction premium credit, you are paying a rate that is, in effect, higher than what you should be paying. The difference goes directly to your insurer's bottom line and inflates your broker's commission. This is not a criticism of either party. It is simply how the economics work.

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The Opportunity - What Eligible Employers Are Leaving Behind

Construction premium credit programs exist in multiple states and follow a common structure: the higher your average hourly wage for covered employees, the larger your credit.

• Programs typically reward employers with credits ranging from 10% to 25% of eligible payroll.

• 2–25% of eligible companies actually file for the credit

• Up to 20% Reduction in annual workers' comp premium for eligible employers

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Our Process - Simple on Your End. Thorough on Ours.

 

Filing a construction premium credit application correctly requires pulling together payroll data by classification code, applying payroll limitation rules, computing average hourly wages, and submitting a completed application to the appropriate rating bureau — all within a required timeframe. We handle every step.

1. Free Eligibility Review

You share your current policy and a summary of your payroll. We review your classification codes, average wages, and applicable state program rules — and give you a straight answer on whether you qualify and what the credit range looks like. No commitment required.

2. Payroll Data Collection

We send you a concise checklist. Typically this means payroll records for the reference period by classification code, total hours worked per code, and your current audit or policy declarations. Most clients gather this in an afternoon.

3. Technical Analysis and Calculation

We apply the applicable state payroll limitation rules to each eligible code, confirm any executive or officer wage caps, and compute the average hourly wage that determines your credit tier. This is where most unassisted applications go wrong.

4. Application Preparation and Filing

We complete the credit application in full and file it with the applicable state rating bureau on your behalf. You receive the completed application and filing confirmation for your records.

5. Credit Confirmation

The credit determination is made by the rating bureau and communicated to your carrier for application to your policy. We provide you with a complete summary of the outcome and documentation package.

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Frequently Asked Questions - What Employers Ask Us

 

What is a construction premium credit program?

Construction premium credit programs are state-approved workers' compensation programs that allow construction employers to receive a credit against their premium if their workers earn wages above a defined threshold. The premise is that higher-paid workers are more experienced, better trained, and statistically less likely to be injured — which translates into a measurable reduction in risk and, therefore, premium.

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Why doesn't my broker handle this?

Construction premium credit applications are filed with the state's workers' compensation rating bureau — not with your insurance carrier, and not through your broker. The filing falls entirely outside the standard policy placement and renewal process. Even brokers who are aware of the program often lack the technical expertise to complete the application correctly. And because commissions are percentage-based, a premium reduction is not in a broker's financial interest.

 

Does my carrier notify me when I'm eligible?

No. Carriers have no obligation to advise you of premium credit programs, and they have a financial incentive not to. An uncollected credit is retained premium. The burden is entirely on the employer to identify the opportunity, prepare the application, and file it correctly and on time.

 

How much can I save?

Eligible employers can reduce their workers' compensation premiums by up to 20%, depending on the state program and the average hourly wages of their covered employees. The credit applies to eligible construction classification codes and is tiered — higher average wages produce a larger credit percentage.

 

What if I missed prior years?

Credit programs are prospective — they apply to your current policy period based on prior-period payroll data. There is typically no mechanism to recover credits for policy years where no application was filed. This is one reason acting now matters: every year without a filing is a year of savings permanently forfeited.

 

What does your fee structure look like?

We work on a contingency basis. We are paid only if we successfully obtain a credit that reduces your premium. There is no upfront cost and no fee if we do not save you money. Our fee is a portion of the savings we generate — so our interest is directly aligned with yours.

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What information do I need to get started?

Your current workers' compensation policy declarations and a recent payroll summary by classification code are the starting point. We will walk you through exactly what is needed after the initial review.

 

What states do you work in?

We serve construction employers in states that operate approved construction premium credit programs. Contact us to confirm program availability in your state and whether your business qualifies.

 

Find Out What You're Owed

If you're a construction employer paying workers' compensation premiums, we can tell you in one conversation whether you qualify for a credit — and how much you may have left uncollected. The review is free and there's no obligation to proceed.

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