Streamline Construction Success Crime Insurance Made Easy
Financial Benefits and Cost Considerations
Investing in construction crime insurance can lead to significant financial benefits by mitigating the risks associated with criminal activities. The cost of these policies typically varies based on the size of the project, the location, and the level of coverage required. While the upfront cost might seem like an additional expense, the potential savings in the event of a loss can be substantial. For example, a comprehensive policy might cost around 1-2% of the total project value, which is a small price to pay compared to the potential financial impact of a major theft or fraud incident1.