The issue of valuation is further complicated in catastrophe-prone geographies by the fact that thousands of insured businesses will be seeking construction and professional services, such as roofers and other trades, to begin repairs on their properties all at the same time. As a result, the costs of labor and materials will increase substantially, anywhere from 10-15%, which will directly impact loss costs. (Credit: Gorodenkoff/Shutterstock.com) The issue of valuation is further complicated in catastrophe-prone geographies by the fact that thousands of insured businesses will be seeking construction and professional services, such as roofers and other trades, to begin repairs on their properties all at the same time. As a result, the costs of labor and materials will increase substantially, anywhere from 10-15%, which will directly impact loss costs. (Credit: Gorodenkoff/Shutterstock.com)

Editor's Note: This article is the final installment of a four-part series from Zurich North America and focuses on the current and historical trends in commercial property lines. Previous articles examined commercial auto insurance, general liability and workers' compensation.

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