Construction Insurance Consultants -
Cost Control and Comprehensive Coverage

Risk Consulting Group - Risk Management and Insurance Consultants

The cost of construction insurance can range from 4% to over 8% of contract value - this cost can be significantly controlled and minimized while obtaining broad insurance coverage.

Construction Agreements

• Review and draft insurance sections of construction related contracts
• Interact with the attorneys, insurance brokers and other professionals to finalize agreements

Contractors Exposures

• Assess Owner’s property and liability risks and insurance program options
• Evaluate Contractor’s liability and property exposures and program options

Construction Insurance

• Recommend liability and property insurance requirements, including:
  • Coverages and policy forms
  • Limits
  • Deductible
  • Additional Insured and other endorsements
• Determine the feasibility and structure of OCIP and CCIP wrap up projects
• Negotiate favorable insurance coverage and low rates in construction contracts
• Confirm and monitor construction insurance program requirements compliance

Diversity Of Clients

• Owners
• Owners and Developers
• Contractors and Subcontractors
• Architects, Engineers and other Professionals
• Lenders and other Financial Institutions
• Trustees for Bond Indenture Requirements