Global Construction Defect Insurance Market Growth (Status and Outlook) 2025-2031

The global Construction Defect Insurance market size is predicted to grow from US$ 1946 million in 2025 to US$ 2595 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.

Construction defect is any deficiency in the design or construction of a building or structure resulting from a failure to design or construct in a reasonably workmanlike manner and/or in accordance with a buyer's reasonable expectation. In the context of construction defects, CGL can protect if a defect causes property damage or bodily injury. Builder’s risk insurance is designed to cover damage to the construction project itself. In the case of construction defects, this coverage may extend to repairs or replacements necessary to rectify defects that emerge during construction. Professional liability insurance is essential for design professionals and architects. It covers claims arising from professional negligence, including design errors that may lead to construction defects.

United States market for Construction Defect Insurance is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Construction Defect Insurance is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Construction Defect Insurance is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Construction Defect Insurance players cover Marsh McLennan, Allianz, Travelers, Zurich Insurance, AIG, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Construction Defect Insurance Industry Forecast” looks at past sales and reviews total world Construction Defect Insurance sales in 2024, providing a comprehensive analysis by region and market sector of projected Construction Defect Insurance sales for 2025 through 2031. With Construction Defect Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Defect Insurance industry.

This Insight Report provides a comprehensive analysis of the global Construction Defect Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Construction Defect Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Defect Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Defect Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Defect Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of Construction Defect Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:
Commercial General Liability (CGL) Insurance
Builder's Risk Insurance
Professional Liability Insurance

Segmentation by Application:
Individual
Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Marsh McLennan
Allianz
Travelers
Zurich Insurance
AIG
Tokio Marine
Manulife
XL Group
Liberty Mutual
State Farm
AXA
Beazley
Munich Re
Mapfre
Nationwide

Please note: The report will take approximately 2 business days to prepare and deliver. Show more