Welcome to the Builders Trust of New Mexico website! We provide the best services and overall relationship to the New Mexico construction industry for their workers’ compensation needs. Builders Trust is industry specific and has been since 1987. We are governed by a Board of Trustees who are owners of construction related companies just like the ones we serve. They represent various sectors of the industry and have their businesses throughout New Mexico.
We are proud to be a self insured fund and not an insurance company, allowing us to focus on our Participants and their needs. This focus has included returning $27 million of unused premium to our Participant/Owners in the past 17 years. This is one example of the differences between Builders Trust and other for-profit insurance companies.
Another difference is our attitude toward risk. We have experienced Field Safety staff that will consult with our Participant/Owners to help reduce risk on the jobsite. After all, we all know that having an accident (a work comp claim, auto claim, etc…) will cause your premiums to go up. Insurance companies manage their accounts on a cost plus basis. Builders Trust wants you to have fewer accidents because ultimately it is the right thing to do. We work with you to create an enhanced level of a safety culture to allow your workers to go home to their families every day. We have also introduced a pilot program called Safety First. You will hear more about this in the future as this initiative will reduce jobsite accidents in New Mexico.
In the event you do have an accident, our Claims Department has some of the best adjusters in New Mexico. All of our staff, including our Claims Department is based in Albuquerque. We know the state’s law and regulations and work daily with the Workers’ Compensation Administration who oversees New Mexico’s work comp industry.
Our website has information and links available at your fingertips, ranging from our online service, BT-PAL (Builders Trust-Participant & Agent Link), to other benefits for you and your business. Check out the type and frequency of training we are doing under the “Safety Training” tab. This is not a list of all the classes we perform as many of the classes are done onsite for specific Participants.Under the BT Links portion, you will find important documents such as Tool Box Talks in both English and Spanish and the BT Video Library Catalog. Beyond that, there are links to a multitude of useful construction related information and entities which impact your everyday business, from home builders association services to building codes and contractor licensing information.
Since 1987, Builders Trust has been a proud affiliate of New Mexico Home Builders Association. Our services and features are specifically designed by New Mexico contractors for New Mexico contractors. While we primarily served residential contractors in the early days, many of these contractors have expanded into the commercial sector. Builders Trust has modified several of our services in recent years to better accommodate commercial contractors. Whether you are a residential contractor, commercial contractor, supplier or any other business that works in the New Mexico construction industry, you should be affiliated with the Home Builders Association and Builders Trust. Give us a call to see how you can benefit from our services.
Should you need any assistance or have comments, please don’t hesitate to contact our Service Center Department at 505-345-3477 or at 800-640-3369.
Thanks for visiting.
Randy L. Akin
Chief Operating Officer
Builders Trust of New Mexico