OCIP Insurance Calculator
Owner Controlled Insurance Program. Estimate the insurance credit deducted from your contract by the owner.
Reference (optional)
Just a label so you remember which estimate this is.
1. Exposure Base
Estimated onsite payroll. Offsite fab/admin is typically excluded from OCIPs.
2. Workers' Comp
OCIP convention: rate is expressed per $100 of payroll, then multiplied by your EMR. Create an account to save your rates and skip re-entering them.
From your policy declaration page
1.00 = industry avg · < 1.00 = better safety record
3. General Liability
GL is per $1,000 of basis. Some OCIPs use payroll, others use project revenue — check your Form 1.
Typical: $1–$5
3a. Class Code Premiums (optional)
For OCIP Form 1's with per-class-code rates. Pick one or more saved codes and enter the project exposure for each. Math: Exposure × Rate.
No class codes saved yet.
Class-code mode uses the codes from your insurance policy. Create an account to save yours, or use the simple rates above.
4. Umbrella & Markup
% of (WC + GL). Typical: 5–15%
Markup if owner requires it
Notes (optional)
Total OCIP Credit
$0.00
Breakdown
| Workers' Comp ($0.00 / 100) × $0.00 × 1.00 EMR | $0.00 |
| General Liability ($0.00 / 1,000) × $0.00 · basis: Payroll | $0.00 |
| Base Subtotal | $0.00 |
| Umbrella / Excess Base × 0.00% | $0.00 |
| Insurance Subtotal | $0.00 |
| Total Credit | $0.00 |
Estimate only. Confirm exact rates and methodology with the owner's OCIP administrator and your insurance carrier before submitting bids.