Design-build
Victor’s Design-build professional liability insurance offers comprehensive coverage for claims that arise from negligent acts, errors or omissions in the performance of professional service on design-build projects. It covers claims for damages to the project itself, as well as claims for bodily injury and property damage arising from negligent design, specifications or construction phase services.
Eligibility
- Applicants must have in-house design capability
- A majority of projects carried out by the firm must be undertaken under a design-build mandate
Coverage Details
- Policy Form – Claims-made and reported
- Policy Period – Annual policies
- Capacity – Limits range from $1,000,000 to $5,000,000
- Deductibles – Starting at $5,000
- Territory – Services rendered and claims made anywhere in the world
Policy Features
- Joint ventures with other design professionals and/or contractors
Submission Requirements
- A completed Victor Design-build application form
- Submit the completed application(s) and/or renewal form(s) to SubmitApps.ca@victorinsurance.com