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New Build Warranties to Bonds to Insurance Backed Guarantees
Insurance Backed Guarantees
What is an Insurance Backed Guarantee?
Insurance Backed Guarantees provide homeowners / consumers with financial protection and confidence that a contractor or installer’s guarantee will be honoured should they go out of business.
An Insurance Backed Guarantee typically protects the consumer from faults in work such as a house refurbishment, kitchen or bathroom fitting, flooring, roofing or a loft conversion. It provides comfort and peace of mind to the consumer / homeowner that even if the installing contractor ceases to trade and therefore is unable to honour their own written guarantee, the insurance provides cover in the event of unsatisfactory design, materials or workmanship.
We find that many professional installers offer an Insurance Backed Guarantee to their customers as a means of securing business.
Benefits of an Insurance Backed Guarantee:
- Protection throughout the guarantee period
- Almost any kind of work can be covered
- Cover can be provided for up to 12 years
Enquire Today for Free Cover
Full Membership qualifies you for free cover up to £100,000. Enquire to learn more.