GIAMPOLINI Workers Compensation 2020 Mod Rate is 0.59. With an intense focus on safety we have earned one of the best safety records in our industry. Our Mod Rate has trended lower each year for the past 6 years to this exceptional current rating. We are extremely proud of our field crews and management staff by cooperatively working together safely so to achieve this exceptional status.

California's Experience Rating System

California's workers' compensation experience rating system is a merit rating system intended to provide employers a direct financial incentive to reduce work-related accidents. The experience rating system objectively distributes the cost of workers' compensation insurance more equitably among employers assigned to particular industry classifications.

The regulations governing the Experience Rating System are contained in the California Workers' Compensation Experience Rating Plan - 1995  (Experience Rating Plan). This Plan is part of the California Code of Regulations (Title 10; Chapter 5, Section 2353.1) and is approved by the Insurance Commissioner. Not all employers are eligible for experience rating. See Determining Eligibility.

An experience modification, which is expressed as a percentage, compares the loss or claims history of one company to all other companies in the same industry that are similar in size. Generally, an experience modification of less than 100% reflects better-than-average experience, while an experience modification of more than 100% reflects worse-than-average experience. Accordingly, an experience modification that is greater than 100% usually increases the cost of an employer's workers' compensation insurance premiums, while an experience modification that is less than 100% usually decreases the cost of an employer's workers' compensation insurance premiums