Cover Getting Scarce, N.Y. Agents Warn

New York builders are hard pressed to secure liability insurance coverage, and they aren't the only buyers being left in the lurch as carriers pull out of more and more markets, while those who stick around are sharply raising rates, according to a survey of independent agents in the state.

The online poll by the Syracuse-based Independent Insurance Agents Association of New York found that beyond builders, it is getting harder to find insurance for other personal and commercial lines, while prices continue to escalate.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.