Utah Business Insurance Company (UBIC) offers a construction-focused Workers Compensation program built for contractors and trades professionals. The program combines flexible underwriting, admitted paper across available territories, and construction-specific risk management to help your clients control losses and manage costs.
Overview of the Program
UBIC's Construction Workers Compensation Insurance is designed to address the day-to-day exposures contractors face. The program underwrites accounts on their individual risk characteristics rather than relying solely on class-based pricing, giving agents flexibility to place established contractors as well as qualified new ventures expanding into additional states.
Ideal Accounts and Appetite
The program targets most NCCI construction class codes and is best for employers with a minimum of three employees (owners and officers excluded). Roofers are considered but typically require a higher minimum premium. Accounts converting off a PEO or employee leasing arrangement are eligible when payroll and class reporting can be documented.
Example accounts that fit well include:
- A drywall contractor with five field employees operating in Utah and Nevada
- A start-up electrical contractor in Colorado with an owner who has verifiable prior trade experience
Coverage Highlights and Advantages
- Individually underwritten accounts—underwriting focuses on risk controls and loss history, not just class codes
- Admitted paper in all available states
- Access to Companion Property and Casualty, Companion Commercial Insurance, and UBIC for broader placement options
- Flexible payment plans and monthly self-reporting available to match contractor cash flow
Risk Management Tools
- Custom safety manuals and meeting logs tailored to construction trades
- Practical checklists and jobsite safety tips to reduce exposures
- Quarterly to annual risk assessments depending on account size and needs
- Phone, in-person, or online safety consultations available to help implement controls
Underwriting Notes and Minimum Premiums
- Most NCCI construction codes are eligible; underwriting reviews class mixes and operations
- Experience modification factors up to 1.50 are generally acceptable (higher with referral)
- Minimum premium starts at $2,500 (roofing risks typically have a $5,000 minimum)
- New ventures are considered when the owner has verifiable experience in the trade
Territories and Availability
This program is admitted and available in Arizona, Idaho, Nevada, New Mexico, Oregon, and Utah. Multi-location and multi-state contractors that operate within these territories are eligible.
Why Work With UBIC?
UBIC brings focused construction workers compensation expertise and admitted solutions across its available states. Agents benefit from responsive underwriting, construction-specific risk management resources, and placement options through Companion Property and Casualty and Companion Commercial Insurance when broader solutions are needed. Use this program to place contractors who value tailored underwriting and practical loss-control support.