For HBAM members looking for a stronger way to manage workers’ compensation costs, the Associated Builders and Contractors of Michigan Workers’ Compensation Fund offers more than coverage — it offers a strategic advantage. Endorsed by the Home Builders Association of Michigan since 2022, the ABC Fund gives qualified residential contractors and builders access to a member-owned program designed to keep costs low, predictable, and performance-driven. 

The results speak for themselves. For the 2026 policy year, the ABC Fund returned more than $18 million to members, bringing total returns to more than $169 million since 1995. With an average premium return of 46%, the Fund continues to help participating contractors turn strong safety performance into meaningful financial advantage. 

What sets the Fund apart is its disciplined approach and construction- specific focus. Membership is reserved for well-managed businesses with favorable loss history, sound financials and a clear commitment to safety. That selectivity helps preserve the long-term strength of the program while giving high-performing contractors access to a solution built to reward responsible operations. 

Beyond competitive workers’ compensation coverage, ABC Fund members gain access to valuable safety and loss control services developed specifically for the construction industry. From management training to practical jobsite resources, the program equips employers with tools that can help reduce claims and improve jobsite performance. Members also benefit from access to educational resources including training tools, downloadable forms, human resources guidance and access to an online safety center. 

At its core, the ABC Fund is designed to help members prevent injuries, control costs and strengthen long-term business performance. For HBAM members, that means access to a workers’ compensation solution that supports safer operations today while creating the opportunity for stronger financial returns over time. 

Administered by RPS Regency and supported by a statewide network of independent insurance professionals, the member-owned ABC Fund continues to deliver value for qualified Michigan contractors. HBAM members interested in learning more about the Fund can contact Sharon Novasel at Sharon_Novasel@rpsins.com or 517.664.2733.

HBAM contractor member eligibility guidelines: „

• Have an excellent track record of low claims „ 
• Perform more than 50% of their work in residential building, as determined by revenue and current and past project lists. Contractors with more than 50% of gross revenue in the commercial sector may be considered under an ABC chapter membership. „ 
• $10,000 minimum premium „ 
• Minimum of three (3) years in business „ 
• Residential drywall, framing and roofing contractors are not eligible, along with certain other high-exposure operations. This does not mean building companies that perform some of these tasks themselves are automatically ineligible; the restriction applies to contractors primarily engaged in those higher-risk activities. „
• Current ABC Fund members who joined the Fund before the HBAM endorsement are not eligible to transfer their association membership from ABC to HBAM.