things you must know about
JBCC Contract Insurance

Who needs JBCC Contract insurance?

Anyone involved in a JBCC Contract such as builders, sub-contractors, project managers, architects, engineers & so forth.

*JBCC is Joint Building Contracts Committee.

Why should you take out JBCC Contract insurance?

We live in a country rife with crime, changing weather conditions & less robust equipment. Add to this the growing tendancy to be held accountable for damages you cause to third parties, & the need for contract insurance becomes obvious. Insurance costs a fraction of the price of replacing the work that according to your JBCC Contract you are obligated to perform if this work is damaged, or your materials if these are stolen, or redoing the work or reimbursing the losses you caused to your client or third parties. Taking out JBCC Contract insurance is a prudent way to ensure that your business will survive through all the trials & tribulations it will face

How much does JBCC Contract insurance cost?

Very little! We have a large book of clients with many different insurance companies, so we will be able to find the most beneficial policy with the cheapest premiums for your business.

Typical claims incurred on JBCC Contract insurance policies

Architects, project managers & engineers often make professional errors or omissions, resulting in large claims to fix the project or reimburse the principal. If not insured against, these large payments could potentially cripple most businesses. The most common claims on contract insurance policies involve theft of materials, materials being damaged whilst en route to site, surrounding property being damaged whilst the building is being completed, or a part of the project failing causing other parts of the building to be destroyed. All contractors also have the potential to create huge liability claims when their work effects third parties.

What other insurance should be considered along with JBCC Contract insurance?

Depending on your function with the JBCC Contract, we will either insure your physical work being done with liability and surrounding property cover, or we will insure you against making errors, omissions or giving negligent advice. We can also assist you if your principal requires a performance bond, employers liability insurance or general works insurance. We can also insure your tools, vehicle, laptop or whatever other assets assist you in the completion of your building projects.

GET A QUOTATION

Please note that we can only insure projects on JBCC Contracts based in Sub-Sahara Africa.

Click here to send us an e-mail requesting a quote on your contract -> insurance@barrington.co.za. We will e-mail you an obligation free quotation so that we can show you what you will save if you insure with Barrington.

Contact details will be kept confidential and will not be used in any way other than as described above and will not be shared with any other parties.