Residential Carpentry Workers Compensation Insurance from IPMG
Insurance Program Managers Group (IPMG) offers a specialized Workers Compensation Insurance solution tailored for residential carpentry operations. Whether you’re working with start-up contractors or established businesses with prior coverage, our program is designed to help you place accounts efficiently with access to multiple markets and competitive pricing.
Ideal Accounts and Appetite
This program is designed for residential carpentry contractors, including select framing contractors who have maintained prior workers' comp coverage. IPMG is open to working with:
- Residential carpenters and framing contractors
- Start-up operations with a solid business plan
- Accounts with higher experience modification factors
- Clients with prior loss history (where applicable and documented)
You might have a client starting a small residential framing business or one transitioning to new ownership — both scenarios can be considered under this program.
Coverage Highlights and Advantages
IPMG connects you with A-rated carriers or better to ensure your clients receive strong, reliable coverage. We understand the risks associated with residential carpentry, including job site injuries and long-term strain-related claims, and our carriers are equipped to manage these exposures effectively.
Key benefits include:
- Access to multiple markets for optimal pricing and fit
- Options for high-mod accounts and those with prior losses
- Responsive service and experienced underwriting support
Underwriting Notes and Minimum Premiums
To streamline your submissions, please ensure you provide the following:
- Completed ACORD application with a clear description of operations
- Currently valued loss runs (if applicable)
- Current experience modification rating (if applicable)
The minimum premium for this program starts at $5,000. Our team is available to help you evaluate the best fit for your client's needs and place the business accordingly.
Territories and Availability
This program is available in a wide range of states, including but not limited to CA, TX, FL, IL, and NY. We currently write business in the following states:
AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MD, MI, MN, MO, MS, NC, NE, NV, OK, PA, RI, SC, SD, TN, TX, UT, VA, WI, WV, DC.
We work with both admitted and non-admitted markets, depending on what best suits the account.
Why Work With IPMG?
As a trusted wholesale broker, IPMG brings deep expertise in workers compensation programs and a commitment to helping agents succeed. Our team provides personalized service, flexible underwriting, and access to preferred markets that understand the risks of residential construction.
Whether you’re helping a new venture get off the ground or finding a better fit for a client with a challenging mod, IPMG is your go-to partner for Residential Carpentry Workers Compensation Insurance.