Loss Frequency vs Severity for Small Contractors

Q: Why does claim frequency matter more than severity for small contractors? A: Frequent small claims move rating tiers faster than one severe loss for small contractors.

Start here: Workers Comp & Employee Risk


Minnesota workers comp audits lean on class codes and payroll swings; seasonal crews can trigger back-bill surprises.

The Confusing Part

Small contractors feel punished for a string of minor claims.

That feels unfair until you see how rating tiers move.

How It Works

Frequent claims signal higher ongoing risk. Carriers move you into worse rating tiers even if each claim is small.

Severity matters too, but frequency often drives tier movement faster.

Where It Breaks Down

Switching carriers does not fix frequency if claim behavior stays the same.

The Tradeoffs

  • File small claims and absorb higher future pricing.
  • Fund smaller losses and protect your rating tier.

What Moves the Outcome

Risk Signals

  • Claim frequency and incident patterns
  • Jobsite controls that prevent repeat injuries

Coverage Structure

  • Deductible and claim reporting practices
  • Return-to-work practices that reduce claim duration

Market Context

  • Appetite for higher frequency accounts
  • Repricing behavior at renewal

Deeper context

For the market view, see Loss Cycles: Why Construction Tightens First.

How to Decide

If frequency is creeping up, invest in controls before shopping rates. If not, review pricing tiers.

Minnesota note: claim patterns and contractor timelines vary by county, so Twin Cities experience isn’t always a perfect proxy for outstate Minnesota.