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Closing the Insurance Gap

Construction costs have experienced some significant swings in the last decade. Not obtaining an annual insurance appraisal can leave your property exposed. Do you know what's at stake?

About This Publication

Over the past ten years, we have witnessed significant changes to Canadian construction costs. As a result, many property owners now find themselves underinsured and exposed to financial, operational, and liability risks. An insurance appraisal can help you to close the gap on your insurance and maintain protection on an annual basis. 

What’s Inside

  • What are the risks of underinsurance? 
  • Impacts of climate on construction costs and insurability
  • Construction cost increases since 2013
  • How an insurance appraisal can protect you

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