Construction Insights

Insurable Soft Costs in Construction

In the construction sector, certain soft costs can be insured to protect project stakeholders from f inancial losses. When a construction project is delayed by an insured loss, the financial impact can reach far beyond labour and materials. Interest on loans, additional lease costs, or extended project management fees can add up quickly – and without proper coverage, those expenses can come straight out of your budget. Understanding which soft costs are insurable, and how they’re calculated, is essential to protecting your investment.