Handyman Insurance – What is Defective Work Insurance?
Defective Work Insurance is a policy that provides coverage for damages or losses resulting from defective workmanship or materials used in a construction project. Contractors, builders, and developers typically purchase this type of insurance to protect against claims from faulty design, workmanship, or materials used to construct a building or structure. Defective Work Insurance can cover various issues, including foundation cracks, water leaks, and other defects that may occur in a building or structure. The coverage typically includes the cost of repairs, legal fees, and any damages awarded in a liability lawsuit.