The other day, I got an interesting phone call. An EIFS contractor was asking where he could get insurance so he could continue to do EIFS work. The renewal cost for his insurance, he said, if it were to continue to be available, was going to be so high that he would have to stop doing EIFS. He was frustrated.
Not being in the insurance business but having some clue to his situation and being sympathetic, I listened to him some more. He went on to explain that he could not even get insurance to do repairs on EIFS projects. Where does this end? Are even insurance agents not going to be able to get insurance to allow them to insure EIFS contractors? This situation is getting out of hand.