Construction insurance coverage faces pressure from tariffs as material costs spike and supply chains shift

Source: https://www.bizjournals.com/, January 22, 2026
By: NFP, an Aon Company

Few forces are as unpredictable and potentially destabilizing as tariffs in construction insurance coverage. With material costs fluctuating and trade policies shifting rapidly, contractors and owners are forced to make real-time adjustments to budgets, schedules and risk strategies.

The tariff impact on construction is far-reaching. It disrupts supply chains, increases premiums and challenges underwriting standards across multiple construction insurance options. These pressures prompt closer scrutiny during placement and renewal as brokers work to secure escalation clauses, rate relief and stronger contractual protections upfront. Read more.

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