New study finds insurance costs are more than six times greater for wood frame buildings than for concrete buildings

- Heavy Industry & Manufacturing
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Course of Construction, Builders Risk Insurance Rates per $100 Monthly (CNW Group/Concrete Council of Canada)Higher fire and moisture risks for wood frame buildings are cited as the primary reasons for the insurance rate gap

OTTAWA, March 21, 2016 /CNW/ – A new study of the property insurance costs for wood frame and concrete mid-rise residential buildings conducted by GLOBE Advisors and…