Michael Snelling

For most contractors in this economy, opportunity still exists, but it’s narrowing. Projects are taking longer to fund, margins are thinner, and every bid cycle feels more competitive than the last. From an insurance perspective, the slowdown changes where profitability comes from. With auto and excess liability premiums still climbing, carriers tightening terms, and project owners pushing more contractual risk downstream, the greatest savings potential now lies in control, not cost cutting.