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American Bar Association | Inflation Clauses May Provide Relief for Increased Construction Costs

2025 – American Bar Association

Due to inflationary pressures, in the last four to five years, construction costs have reportedly increased by some 40 percent. SeeConstruction input prices jump again, continue 2024’s upward climb”, Sebastian Obando, Construction Dive. Accordingly, after a loss while trying to rebuild, many property policyholders may find they are significantly underinsured for replacement cost coverage through no fault of their own.

Click here to read the full article written by Brent Huber and Libby Moyer published by the American Bar Association in their Litigation Section, Insurance Coverage Litigation Committee newsletter. Login may be required. 

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