SAN JOSE, Calif., Aug. 24, 2015 /PRNewswire/ -- Calvac Paving, a Bay Area asphalt and concrete contractor, is pleased to announce that they have earned an ex mod rating of 74. As the Principals of Calvac Paving explained, this excellent work safety rating is a direct reflection of their commitment to safety.
Short for experience modification, Calvac Paving's ex mod rating of 74 is much better than the industry average of 100, and a lower ex mod score or rating is preferred. As the company's Principal noted, companies that have excellent histories of safety can reduce the amount they are paying for workers' compensation premiums.
"Our ex mod of 74 means that our outstanding safety history allows us to pay 74 percent of the industry average premium for our Workers' Compensation," the President said, adding that if a company has an ex mod of 125, they will pay 125 percent of the industry average premium.
"As you can expect, the insurance industry cannot have clients that reduce their premium by too much, so this ex mod factor very rarely falls below 70."
A letter that was sent to Calvac Paving from their insurance company noted that Calvac has an "extensive safety program" which include their IIPP, Early Return to Work programs and that they continually use loss prevention services through their workers' compensation carrier. Additional resources for improving safety that Calvac utilizes are OSHA 10, LPS and API training, testing and certification.
The Principals of Calvac Paving said they are not only proud of their company's extensive level of safety, but also how rare it is for one of their valued employees to be injured on the job.
"Construction can be a challenging industry to conduct efficiently and safely, but at Calvac Paving our goal is to get each and every employee back home to their families in the same condition that they arrived at work that morning," they said.
About Calvac Paving:
Calvac Paving is a full service asphalt and concrete maintenance company that has been serving the greater Bay Area since 1974. For more information, please visit http://www.calvacpaving.com/
2645 Pacer Lane
San Jose, CA 95111
SOURCE Calvac Paving