Construction insurance markets are continuing to tighten, with renewals and extensions not a sure bet, stricter limits on coverage for the riskier categories and premiums climbing steadily higher, brokers report.

推动增加的是近年来遭受的损失，以及共同19-19大流行，项目中断，安全成本和更高材料价格的综合不确定性。新利18备用官网登录

自2018年初以来，风险的基本定价上涨了25％，reports Marsh, the big brokerage. Excess and umbrella insurance renewals, which kick in after limits are reached under other policies, are costing 50% to 100% more on renewal and are increasing,says Willis Towers Watson, another big brokerage.

价格增加的规模根据公司的项目类型和亏损历史而差异很大。

损失财产，损失或其他负债（包括工人赔偿）的过多伤亡保险范围尤其困难。Marsh说：“许多承运人都在推动价格提高，部署下限和增加依恋点，“到覆盖范围的损失水平。

Depending on the loss experience of a contractor, rates for general liability coverage renewals are 5% to 25% higher, builders' risk is up 5% to 20% and subcontractor default insurance 5% to 10% more, states Willis Towers Watson.

报道说，昂贵的索赔带来了更严格的承销。运营商并未自动以相同条款的扩展名，用于正在进行的项目需要更长的时间。新利18备用网址

The Marsh report echoes the early 2021 analysis by Willis Towers Watson, which characterized the construction insurance market as one that "remains very difficult, with upward price pressures."

"The economic downturn caused by COVID-19 has resulted in many contractors forecasting lower exposure bases; sales, payrolls, contract revenue, vehicle count, etc.," wrote Willis Towers Watson. "But as exposures decline, insurers are raising rates at an increasing pace to grow or at least maintain overall premium."

马什说，建筑商的风险能力也在继续缩小。经纪报告称，保险公司“很少愿意保证价格超过12个月”。新利18备用网址

环境覆盖范围可能会涉及承包商以前从未面临的问题，保险公司对涉及的风险持谨慎态度多氟烷基物质（PFA）and other long-lasting chemicals, and mold.

Some insurers are tacking on COVID-19 or communicable disease exclusions to contractor pollution-risk policies. Most insurers are adding the exclusions to liability policies. And, Marsh reports, project delays due to the pandemic and ensuing lockdowns are "straining" pollution policies approaching or exceeding their maximum insurance term.

Professional Liability: A Challenge

比较亮点是承包商的专业责任范围。那些拥有良好损失历史的公司预计更新增加了5％和10％。保险公司还没有将共同的19套期限为这些类型的保单。

Yet design-build can also present professional liability challenges for contractors. Underwriters, says Marsh, are scrutinizing public-private partnerships and fixed-price design/build projects, in which “contractors have suffered financial losses" due to the delivery methods. Those losses “can translate to professional liability claims,” says the brokerage.

Although it has been used successfully for at least 20 years," notes Edward L Sheiffele, Jr., executive vice president of insurer Berkley Construction Professional, "more issues tend to arise when design/build is used for heavy civil infrastructure projects that are won on a lump sum basis or use a fast-track project."

Professional liability coverage for designers is an evolving challenge. Darren Black, architects and engineers practice lead at Risk Strategies, an insurance broker, says complications are multiplying.

"Meeting the standard of care to avoid tort liability and damages for allegedly negligent performance of professional services has always been a moving target," says Black. "What is expected of design professionals is an increasingly onerous burden due to the implications of climate change, the pandemic and other macro trends such as active shooters."

Climate change has already impacted the standard of care for design professionals, adds Andrew D. Mendelson, chief risk management officer of insurer Berkley Design Professional. He cites the complications of engineers designing for floods while FEMA flood maps are out of date.

Mendelson说，工程学被认为是一项科学专业，人们期望工程师应该能够预期气候变化对设计弹性方面的影响。

"If the tools they’re using are outdated or inaccurate," he says, "how can they be expected to design structures and infrastructure projects that withstand severe weather events? Consequently, professional liability claims have evolved from storm water management situations, such as downstream flooding from a site under development, where code requirements were met but were not sufficient to handle the storm."

Marsh写道，一般而言，向保险公司提交覆盖范围的提交将需要更详细和完整。威利斯·塔森（Willis Towers Watson）报道，价格更高，最终吸引了更多的资本和能力。