Montana’s #1 Worker’s Compensation Program
Through the efforts of the Montana Building Industry Association (MBIA) and the Montana State Fund, a select insurance group of MBIA members has been created. The GRIP program is available to all MBIA members and has saved participating members more than $5.5 million of the past sixteen years!
GRIP members are eligible for a refund if the group’s workers compensation premiums exceed the group’s expense and claim costs. If the group qualifies for a refund, each individual refund is based on individual performance and paid on a prorated, percentage basis. A poor group performance cannot affect your individual premium and you will never be required to pay more than your basic premium.
GRIP is a powerful group incentive program and a very effective performance driven system. Grip allows you to take charge of your insurance costs by reducing lost-time accidents and providing a workplace that is both safer and in compliance with OSHA. The GRIP program is over 400 members strong and includes: contractors, lumberyards, banks, furniture stores, insurance companies and mortgage brokers just to name a few.