Ultimate D&O Insurance Deals Construction Contractors Need

Real-World Examples and Pricing Context

In recent years, the average cost of D&O insurance for small to mid-sized construction firms ranges from $5,000 to $10,000 annually, depending on the level of risk and coverage¹. Larger firms with higher risk profiles may see premiums upwards of $20,000 per year². However, many insurers offer tailored packages that can be adjusted based on the specific needs of the contractor, providing flexibility and potentially lower costs.

For instance, a construction firm specializing in environmentally sustainable projects might receive a discount due to lower perceived risks³. Conversely, contractors involved in high-risk projects such as skyscraper construction might face higher premiums due to the increased potential for claims.