Why Your Modifier Matters?

Your experience modifier doesn’t just affect your insurance premiums—it can also influence your ability to secure business. Many customers, especially those in industries like construction, manufacturing, and logistics, evaluate a company’s safety performance as part of their vendor qualification process. If your experience modifier is too high, you may be deemed a higher risk and ineligible for their qualified vendor list.
 

On the other hand, a favorable experience modifier can be a powerful differentiator, signaling your commitment to safety and operational excellence. It can open doors to work with top-tier clients who prioritize partnering with companies that demonstrate strong safety records and risk management practices. In some cases, a low modifier might even be the deciding factor in landing a lucrative contract. Prioritizing your experience modifier is more than a cost-saving measure—it can be an investment in your business’s reputation and growth.