The Associated Builders and Contractors (ABC) Empire State chapter maintains that because of the Scaffold Law, general liability costs are higher in New York than in any other state and that some insurance carriers won’t even write policies for New York contractors.
According to a 2017 Common Good report, the Scaffold Law increases insurance costs on New York public projects by $785 million, leaving state taxpayers to foot the bill. For instance, a project like the proposed $11 billion Hudson River tunnel replacement could cost taxpayers up to $300 million in additional insurance costs.
