Owner Controlled Insurance Savings Calculator

OCIP/CCIP programs consolidate insurance purchasing for large projects.

Construction value

Traditional insurance %

OCIP cost %

Administrative cost %

Net savings

$975,000

Gross savings

$1,350,000

Admin cost

$375,000

How the math works

Traditional − OCIP = gross savings. Net = gross − admin cost.

$150M × (3.2% − 2.3%) = $1.35M gross savings − $375k admin = $975k net savings.

How to Use

Enter project construction value.
Enter traditional insurance cost %.
Enter OCIP cost %.
Enter administrative cost %.
Read net savings.

Frequently Asked Questions

OCIP vs CCIP?

OCIP: Owner Controlled Insurance Program — owner buys insurance for all contractors. CCIP: Contractor Controlled — GC buys. Both consolidate liability and workers comp. Cover all project participants.

Savings mechanics?

Volume purchasing: 10-20% on WC and GL. Consistent safety program reduces claims. Single broker administration. Covers subcontractors who might not have coverage. Typical savings: 1-3% of construction value on large projects.

When worthwhile?

Projects over $50M construction value. Multiple subcontractors. Long duration. High-risk work (height, excavation). Small projects (<$25M) savings rarely justify admin cost. Very large projects (>$300M) can save $5-15M.

How does this affect my portfolio-level metrics?

Single-asset impact rarely matters in isolation for a portfolio of 20+ assets, but systematic patterns do. If the same issue shows up across 10% of your portfolio, the aggregate impact is meaningful. Track this metric at the portfolio level quarterly. Institutional operators aggregate these monthly into a KPI dashboard for investors and lenders.