Rectification coverage is a unique coverage part provided by Victor. It is a
first-party insurance that covers the costs a contractor, or a design professional that has assumed responsibility for construction, incurs in correcting
a design defect that is discovered after the construction is put
in place but before it actually results in a professional liability
claim.
With this coverage in place, a contractor, or a design professional that has assumed responsibility for construction, has the funding
to correct the error and keep the project moving without having
to file a claim and establish negligence.
It can help resolve a circumstance faster and without creating animosity
between the insured and their client.
Rectification coverage is available in our professional liability policy for architects and engineers and our professional liability policy for general
contractors.
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