Risk
Finding the Solution to Rising Construction Insurance Premiums
Contractors can thank inflation, materials prices, the skilled-labor shortage and more for their rising insurance premiums, but those premiums can be brought down by taking the right steps.
By Yaron Dycian
February 11, 2025
Topics
Risk
by Yaron Dycian
Yaron Dycian is chief strategy officer for WINT, a leading provider of cutting-edge water management and leak-prevention solutions for construction, commercial and industrial applications. Utilizing the power of artificial intelligence and IoT technology, WINT provides solutions for commercial facilities, construction sites and industrial manufacturers looking to cut water waste, reduce carbon emissions and eliminate the impact of water-leak disasters.
Related stories
Risk
Your Crisis Communication Guide: Anticipating Construction Plans to Hit Unexpected Obstacles
By Anne Lackey
The time for crisis planning is during quiet moments when clear thinking can help build a framework for handling whatever challenges arise.
Risk
Builder’s Risk: Three Blind Spots Impacting Your Project’s Success
By Dennis Tsonis
While construction insurance is costly, underinsuring may prove more so in the long run.
Risk
Three Common Causes of Electrocution on Construction Sites and How to Avoid Them
By Randy Dombrowski
Electricity is an unavoidable presence on every construction site—but electrocution doesn’t have to be. Here’s how to keep crews safe.