Posted on 07.03.25
Construction firms are paying for quoting mistakes they don’t know they’re making
Source: https://www.insurancebusinessmag.com/, July 2, 2025
By: Chris Davis
“Sending information into a broker and getting a quote is not going to get construction companies the results they want.” That’s the blunt assessment from Chelsi Hobbs (pictured), a commercial lines producer at CoVerica, on what she sees as a growing disconnect between coverage expectations and insurance realities in the construction sector.
With project costs and liability risks on the rise, Hobbs said many firms still prioritize premiums over properly aligning policies with operational exposure. “There is no one-size-fits-all insurance program,” she said. “Every company has different wants, needs, and the capacity to get there.” Read more.
