Industry News
Mid-Year Insurance Outlook for Contractors: Rising Costs, Tighter Margins
Author, Casey Craig, Account Executive, Rancho Mesa Insurance Services, Inc.
As a contractor in California, you are likely feeling the squeeze, right now. Material costs are up, labor is more expensive, and insurance, typically a predictable line item, is becoming a growing burden on your bottom line. 2025 is proving to be one of the most challenging years yet for construction business owners. Even companies with best practice risk management controls in place are getting hit with premium increases that are hard to absorb.