The cost of insuring contractors keeps getting bigger. For construction companies, a hardened insurance market is driving premiums up. Particularly, construction auto insurance, liability insurance, and builder's risk insurance rates have been rising, driven by factors such as increased litigation, changing construction defect and labour laws, and an increase in catastrophic fires and floods. Even in the face of this, contractors can minimize their risk by strategizing with a HUB construction insurance specialist well ahead of their next policy renewal.
Download the eBook to learn the three ways you can create a strategy against rising construction insurance rates.