Veröffentlicht von Elena Artemenko am · 3 min Lesezeit
Construction insurance premiums are rising. Climate risk, material inflation, and tighter regulations are all pushing costs up. But one factor is quietly pushing them back down: real-time environmental monitoring data.
Insurers no longer price risk on history alone. They want live evidence that a project is actively managing its exposure. And contractors who can provide that evidence are starting to pay less for coverage.
Underwriting Is Going Real-Time
The shift is already happening in other industries. Fleet telematics cut motor insurance premiums by rewarding safer driving with data. Now construction is following the same path.
The NAIC identifies IoT sensor data as a key force reshaping insurance underwriting. The logic is simple: a site capturing dust, noise, and vibration readings 24/7 catches threshold breaches before they become incidents. Fewer incidents means fewer claims. Fewer claims means lower premiums.
Industry analyses show IoT-equipped properties have achieved premium reductions of up to 25%. Some insurers are going further — co-investing in sensor deployments on high-value projects as a loss-prevention measure.
A £180,000 Claim Rejected in Two Weeks
A customer-partner shared this case with us — a real project, a real claim, and a result that speaks for itself.
A contractor (name withheld under NDA) piling fifteen metres from a row of period terraces in a major UK city (location withheld under NDA) received a £180,000 structural damage claim from a neighbouring property. Cracked walls, jammed doors — the solicitor's letter arrived within days.
The site had continuous vibration monitors running throughout the works. MCERTS-calibrated, cloud-stored, timestamped to the second. The data showed Peak Particle Velocity never exceeded 60% of the BS 7385 cosmetic damage threshold — not once across the entire piling phase.
