Our customers love us..

“My pa het ons plaas met RSAB verseker 30 jaar terug. Ons het al 8 keer skade gehad waar hulle ons by-gestaan het en ons dekking binne dae uitbetaal het. Ek sal nooit n ander versekeringsmakelaars kies nie.”
Oom Pit Du Toit - Ceres

“Starting a new life away from the city is great but we needed RSAB to give us the best insurance costs for our new house.”
David & Mpholomende Jackson - Stellenbosch

“I have been with RSAB Insurance for over 6 years and they are still the best and cheapest insurance company in my area. I'll never leave them.”
Mark Smith, Malmesbury

“Our business was saved by RSAB, after tragedy struck. No other insurance company are so much in touch with their clientele.”
Mark Basson - Riebeeck Wes

Contractors
General contractors, contractors, and subcontractors are commonly required to carry contractors insurance by the various laws and businesses they work for.

General contractors, contractors, and subcontractors are commonly required to carry contractors insurance by the various laws and businesses they work for.

Contractors all risk (CAR) insurance consists of a special set of policies that protect property where construction is being done for the duration of the construction project. Some CAR policies cover more than others, so it’s important to know how to compare different types of builder’s risk insurance before you begin construction.

1. Determine the length of the project.

CAR policies typically only last until the project has been completed. It is therefore important to estimate the length of the project accurately. If in doubt, over-estimate by a small amount so that there is margin for error. Remember that grossly over-estimating the length of time may result in unnecessary costs.

2. Convert your insurance after the project completion.

Discuss the option of converting your CAR policy to permanent property insurance after the project has been completed. Your broker at MBI will be able to advise you on the best course of action to follow here.

3. Review your team.

Make a list of everyone involved in the project and only insure those individuals. CAR insurance normally covers the property owner, the general contractor and some subcontractors, like architects and engineers. Its important to double-check exactly who is and who is not covered on your CAR policy. Remember it may be much more cost effective in the long run to cover a few extra parties, should you experience a loss.

4. Calculate your budget.

A detailed review of the project cost is highly recommended. This should include costs for labour, building materials and incidentals. This basic calculation can be used as a yardstick for the calculation of your CAR policy.

5. Compare all-risk policies to specified-peril policies

A specified-peril policy will only cover certain items as indicated by the policy itself. Natural disasters and damage caused by incidents on surrounding properties are usually not covered.

All-risk policies, of which CAR is one, cover a wider range of damage to property undergoing construction, including natural disasters. All-risk policies cost more than specified-peril policies, but will provide more peace of mind for bigger or long-term projects.

6. Specify the structures under construction.

Consider how many structures you need to insure when comparing policies. Some CAR policies require you to list each structure on the property being insured and costs can vary based on the number of buildings.

7. Know if fixtures are covered.

Find out what fixtures and components of structures are included in the CAR policy. Some policies charge extra to cover geysers and electrical or air conditioning systems. Compare policies that include these structural fixtures with ones that list them separately.

8. Find out about amendments.

Endorsements are amendments or additions to a standard policy. These cover specific acts of nature or damage that could occur, but can cost more to add to a basic policy.

Consider amending your policy if you are building in an area that is prone to flooding, riots or wildfires.

9. Compare exclusions.

It’s just as important to consider what is excluded from your CAR policy as it is to know what’s covered. Many policies exclude pipes, foundations and underground structural components. Some also exclude fences, walkways and bridges. Determine whether you need to pay extra to include these elements.

RSAB prides itself in being an expert on contractors all risk policies. We will be happy to go through this list with you if there is any that is unclear.

To get Personal insurance cover that protects what’s important to you, call 022 487 9630  
or submit your details to us and a RSAB consultant in Your area will call you back.

iconBodycorpBody Corporates
Security complex insurance is a mandatory responsibility for the body corporate. RSAB makes this simple and easy.

Car dealerships and garages
If you Business does repair/body work on vehicles that are not owned by the dealership, or you sell car that are not owned by you, then you'll need protection against damage to your customers vehicles.

iconEngineeringEngineering enterprises
The RSAB team has in-depth expertise, experience and understanding of Engineering Insurances.

iconmarineMarine and Aviation enterprises
Our watercraft insurance offers extensive cover for all types of vessels. Whether you prefer the thrill of a jet ski, are more at home on your pleasure yacht for a Sunday afternoon cruise, or want to explore the azure waters of the Mediterranean, we can offer you the best cover for your water sport choice.

iconMedicalMedical enterprises
RSAB has gone the extra mile to make sure we've got a tailor-made business insurance product that will appeal to the very specific insurance needs of medical professionals (e.g. doctors, dentists, orthodontists, anaesthetists, psychiatrists, occupational therapists, etc).

iconshopsShops and Restaurants
Shops and restaurants can offer a quick, low-cost way for aspiring retailers to test their product on the public, but their transient nature can produce problems as well as opportunities.

iconSchoolsSchool and Churches
We have a complete solution for schools in times of crisis and medical emergencies by handling emergencies on behalf of the schooling institution.

icontransportTransport enterprises
Goods in transit insurance cover property against loss or damage while it is in transit from one place to another or being stored during a journey. Goods in Transit insurance also protects the Transport operator for his responsibility in the event of damaged or lost freight.

RSAM

RSAM has agencies with several Insurers, which enables us to fully underwrite all your short term insurance requirements at highly competitive rates.”

“Your Peace of Mind, Our Passion!!

Our associates:

Santam
Mutual & Federal
Kaap Agri
Landmark
AIG
Cross Country Insurance Consultants
BnbSure
Corporate sure
CIA Building Insurance
Santam Landbou
Equine
GENLIB
ONE-SURE
HICSA
Transit
Merx HCV
MUA
Zurich
Thatch Risk Acceptances
TIC Travel Insurance Consultants