Which individuals or agencies are required to have insurance coverage as specified by the building code?

The requirement for insurance coverage as specified by the building code applies broadly to every registered code agency and relevant persons involved in construction. This includes builders, construction firms, and other entities engaged in the process of construction, ensuring that they adhere to specific standards of safety and accountability. The inclusion of various stakeholders recognizes the integral role that different individuals and agencies play in the construction industry and aims to provide a comprehensive framework for risk management.

Having this insurance coverage is crucial, as it protects against claims arising from defects or failures in building practices, which can have serious implications for public safety and welfare. By mandating this coverage across a range of relevant parties, the building code helps safeguard the interests of both builders and the community, fostering a culture of responsible and reliable construction practices.

This broad approach contrasts with more limited options, which focus solely on specific groups such as only registered builders or government-funded agencies, ultimately missing the full spectrum of those who should be accountable within the construction ecosystem.