Alaska Builders Insurance Program

Alaska Builders Insurance Program is an Alaska-owned general liability insurance program for licensed contractors. ABIP is available exclusively to members of an Alaska State Home Building Association. Only Alaska companies are provided coverage under this program. ABIP is underwritten an A-rated admitted (approved for business in Alaska) insurance carrier.
 
Save Money 

Your rates should drop with ABIP. Alaskans pay more with nationwide liability insurance carriers because Alaskans have a much lower claim ratio. Over the last 15 years, Alaska contractors have had a less than 3% claim rate, while other states have as high as a 75% claim rate. With ABIP, rates should drop as the program’s premiums and losses are established.

 

The program also allows policyholders and members to participate and have access an exclusive contractual risk management program allowing additional premium discounts.

Support Your Industry

ABIP is owned by your local Alaska State Home Building Association. Revenue from ABIP helps your local HBA’s mission of supporting the building industry. The program can also help your fellow contractors and your bottom line. When Alaska contractors have the same provider it eliminates the question over which insurance company is liable, which reduces fighting, a main driver of insurance rates.

 
 
Know Your Agent

Get personalized help from an agent with more than 20 years of experience in the Alaska market. After working with Alaska HBA members for years, Eric Parthemer understands Alaskan’s unique needs

 

It was Eric’s professional background in Alaska and unique vision that brought ABIP to life. In 2004, Eric helped develop the Professional Builders Insurance, which saved Alaska companies thousands of dollars.

 

If you have any questions Eric will happily walk you through everything you need to know, 1-800-347-8774 or Eric@akbcic.com.

 

If you’re a fan of your current agent/carrier, ABIP doesn’t have to replace them. Keep your current agent and carrier for all other types other types of insurance like auto and worker’s compensation. 

 

Your Neighbors are Seeing Savings

“Eric was the only broker willing to work with us to create ABIP. I’m loyal to Alaska companies but ABIP wouldn’t exist without a broker with the vision and knowledge to help us create this captive. I saved thousands with Eric when he was involved in the Professional Builders Insurance in 2004. When my insurance went from $50,000 a year to $250,000 a year, Eric brought it back down.”

– Chuck Spinelli, Spinell Homes, Anchorage

“As a remodeler, good insurance is essential to my business. By switching to ABIP I have saved 40%, this pays for my Northern Southeast Alaska Building Industry Association membership and so much more.”

– Alan Wilson, Alaska Renovators, Juneau

“For about 25 years I have been building quality homes in the Mat-Su Valley, and for 15 of those years I have worked with Eric and am so happy to now have an insurance option that not only saves my company money, but also generates revenue for my local home builders association.”

– Jess Hall, Hall Quality Homes, Mat-Su Valley

“My old insurance was nothing but headaches and excess expenses, they made me pay for several audits and when I needed their help it was impossible to get answers. Since switching to ABIP I have saved 35% on my annual premiums and have had great access and customer service.” 

– Scott Allen, Trailboss Solutions, Anchorage

Who Qualifies?

Access flooring

Acoustical and insulation

Carpentry

Commercial work

Communications

Concrete and paving

Demolition

Drywall

Electrical

Elevator and conveying system

Excavation

Fence and guardrail

Floor covering

Framers

Glazing

Handyman 

Heating

Landscaping

Low voltage alarm or

       signaling device

Masonry

Mechanical

New home construction

Painting

Plaster

Plumbing

Refrigeration

Residential remodel work

Roofing

Security systems

Sheet metal

Sign contractor

Solid fuel appliance

Steel erection

Tile and terrazzo

Wallcovering

Water and sewer

Welding

 
 
Get a Quote Today

Get a quote within seven days of a completed application. Be sure to apply at least 30 days prior to the renewal of your current insurance.

 
Contact

Eric Parthemer

1-800-347-8774

425-827-5177 (Fax)

425-836-6231

© 2019 by Alaska Collective Builders Insurance Company

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