Composite Rates Over Last Six Years for Masonry

Rising rates are driven by the increased cost of claims

This chart illustrates the increase in rates over the last six years:

  • $2.77 in 1999.
  • $2.91 in 2000.
  • $2.57 in 2001.
  • $2.48 in 2002.
  • $3.18 in 2003.
  • $3.29 in 2004.
  • $3.24 in 2005.
  • $3.41 in 2006.

The average rate increase since 1999 is:

  • 45.9 percent for all industrial insurance.
  • 23.3 percent for masonry.
A chart that illustrates the increase in rates over the last six years. The information contained in this chart is explained in detail above.

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