Workers' compensation insurance is just one of many expenses that employers have to consider. You can make it a smaller part of your budget by joining a safety group.
Safety groups allow employers in similar industries to reduce their premiums by purchasing their coverage as a group. If you join a group, you get:
- A premium discount. Most groups offer discounts between 10 and 11 percent.
- A safety plan designed for your industry. By preventing accidents, you can lower your claim costs.
- Potential dividends. Policyholders who control their losses may receive a monetary reward in the form of a dividend. Safety group members may also qualify for an additional group dividend if the group has favorable results.
Texas Mutual Insurance Company offers the following safety groups. Ask your agent if you qualify.
|Group name||Open to|
|Agri Comp||Seed merchants; cotton farming gins; feed and fertilizer manufacturers; grain elevators; hay, feed and grain dealers|
|ASG Safety Group||Security guards and investigators|
|CompGroup AGC||General and specialty contractors|
|Emergency Service Organization||Fire departments, nonprofit EMS organizations and private ambulance companies|
|Hospitals of Texas||Hospitals|
|Lone Star Auto Dealers||Franchised auto, truck, RV, boat and motorcycle dealerships|
|Lone Star Energy||Butane/propane gas operators and dealers|
|NFIB Construction||Artisan contractors|
|NFIB Wholesale/Retail||Wholesale and retail|
|Social Services Agencies of Texas||Social services agencies, such as Head Start, Eldercare and YMCA|
|Texas Apartment Association||Property and condo managers|
|Texas Alliance of Energy Producers||Oil and gas production|
|Texas Association of Manufacturers||Manufacturers|
|Texas Automotive Safety Group||Tire sales centers, general auto repair facilities, lube centers, auto parts stores and body, brake repair, automotive machine and radiator shops|
|Texas Cattle Feeders Association||Livestock sales companies and drivers, feed manufacturers|
|Texas Church Group||Nonprofit, faith-based organizations operating houses of worship|
|Texas Construction Safety Group||Subcontractors and suppliers|
|Texas Green Industry||Wholesale and retail nurseries, landscape contractors, growers, irrigation contractors and other green industry businesses|
|Texas Home Builders||Most segments of the home-building industry|
|Texas Lodging Group||Hotels, motels, bed and breakfasts, and hospitality groups|
|Texas Lumber & Wood Products||Loggers, sawmills and most forms of wood products manufacturing|
|Texas Machinery and Equipment Dealers||All machinery and equipment dealers|
|Texas Medical Group||Physician offices, home health care, nursing homes, outpatient care centers and more|
|Texas Oil & Gas Association||Oil and gas|
|Texas Recreation Safety Group||Golf clubs, country clubs, health clubs, tennis clubs, fishing clubs, bowling centers and others in the recreation industry|
|Texas Restaurant Association||Restaurants|
|Texas Schools Group||Private schools|
|Texas Sign Association Comp Group Inc.||On-premise sign product manufacturers, sign supply distributors and associated sign service providers|