Builders Face 85% Insurance Premium Jump in 2025
Construction professionals encounter insurance premiums potentially increasing by 85% in 2025 due to heightened claims from extreme weather, escalating material prices, and operational hazards. Industry leaders adapt by revising budgets, enhancing safety protocols, and pursuing cost-effective group insurance options. This trend fosters advanced risk management practices and drives innovation across the sector.
By Emily Lockwood
4 min read