Member Benefits

Refunds on Workmen's Comp Insurance Premiums

GRIP Logo

To find out if you qualify, fill out our no-obligation response form. We will send back your premium-and-loss history and determine if you qualify to participate in the Master Builders Association's Group Retrospective Insurance Plan.

Our Group Retrospective Insurance Plan (GRIP) is a cost-effective retrospective rating program to assist in reducing companies' industrial insurance. GRIP offers aggressive claims management, a higher level of member education and an emphasis on jobsite safety. GRIP's goal is helping its members lower their claims experience factor, potentially lowering their Labor and Industries (L&I) premiums while generating higher refunds.

How GRIP Works

  • Continue to pay your industrial insurance premiums to the Washington State Department of Labor and Industries (L&I)
  • Maintain a membership in the Master Builders Association or other associations affiliated with the GRIP program
  • Notify GRIP immediately about workplace injuries
  • If your claims are lower than your L&I premiums, you will share in the group's refund

Refund Timeline

Claims remain open for three years, and L&I adjusts the plan year’s refund up or down as claims remain open or closed. Accordingly, the GRIP program will pay in three annual installments.
Plan Year
 July 1 to June 30
First refund adjustment: July, year 2
Second refund adjustment: July, year 3
Third refund adjustment: July, year 4

Retro Q & A

  1. What is an L&I Retro Program?
    Retrospective Rating (Retro) is a safety incentive program offered by the Washington State Department of Labor & Industries (L&I). In Retro you can earn a partial refund of your workers’ compensation premiums if you reduce workplace injuries and lower associated claim costs.
  2. How does it work?
    Retro is a retroactive way of calculating premiums over a 12-month period. About 10 months after a coverage period ends, L&I looks back at your retro group’s actual experience and calculates a retrospective premium for that 12-month period. If claim costs are below what is expected, you could earn a partial refund of the difference between the retro premiums and the standard premiums.
  3. Is an L&I Retro Program Right for Me?
    Any employer with an industrial insurance account in good standing can participate in a retro program and have the opportunity to turn a good safety performance into L&I refunds. With our members’ commitment to improving safety and preventing injuries, not only do they enjoy refunds but they also reduce costly business expenses associated with onthe- job injuries, such as loss of production, work delays, hiring and training new employees

GRIP is a joint program of the Master Builders Association of King and Snohomish Counties and the Master Builders Association of Pierce County. This program has become the preferred choice of over 1,100 members. With such a large number of companies joining the plan, GRIP has become the fastest-growing retro plan on record. Find out when you can make the switch too. 

For more information, fill out our no-obligation response form. We will send back your premium-and-loss history and determine if you qualify to participate in the Master Builders Association's Group Retrospective Insurance Plan.