Construction projects are carefully planned, costed and scheduled, but even the most well-managed developments can encounter unexpected setbacks. Delays are a common challenge across the construction industry, potentially resulting in increased costs, contractual disputes and pressure on project deadlines.
While some delays may be unavoidable, businesses can take steps to reduce their financial exposure. Ultimately ensuring that appropriate construction insurance cover is in place can help you protect against the financial consequences of unforeseen events.
In this article, we explore some of the most common causes of construction delays and how insurance can support businesses when projects don’t go to plan.
