It’s that time of year again! Spring in New Mexico means wind and at Builders Trust, it means it’s time for the Claims Payment Option program. We will be sending out invoices in early June with a due date of June 30th for you to submit payment for any 2021 claims you wish to buy back. Remember, this program is voluntary. You are not required to buy back any of these claims. But it is your opportunity to help lower your work comp costs via reduced mods and tier levels.** Should you have any questions once you receive your invoice, please don’t hesitate to contact the Policy Administration Department here at Builders Trust at (505) 345-3477 or (800) 640-3369. ** Not all buy backs will result in a reduction in pricing.

Again, Builders Trust lowered overall rates for 2022 an average of 7.5%. However, we have not reduced or rolled back any of our programs. Instead, we have added to our training with the traveling training trailer where we bring the training right to your jobsite. We still offer our Tool Box Talks via e-mail every Friday as well as an extensive library of video training. Our Field Safety Services staff offer many different in-person classes from OSHA 10 and OSHA 30 to Ladder Safety and Confined Space training.

Due to your continuing efforts in maintaining safe workplaces and job sites, the frequency and severity of claims continues to drop. Therefore, the Builders Trust Board of Trustees is pleased to announce that they approved a 7.5%