HomePro
Insurance Backed Guarantees - protecting your investment

Although a home improvement is one of the safest forms of financial investment, there is one pitfall that is often overlooked – A WORTHLESS GUARANTEE

Most contractors issue a guarantee upon the work they carried out, the benefits of which are realised should you have reason to claim for faulty workmanship or material defects.

However…

Thousands of contractors, large and small, cease to trade each year.

Guarantee periods can extend to as long as 10 years and much can happen to any business in that time, regardless of current statue. This is particularly true in today’s volatile business environment.

If your chosen contractor were to cease trading you could be left with faulty goods, a guarantee of absolutely no value and the prospect of paying for the work to be done AGAIN.

Eliminate the Risk

The solution to this nagging fear is found with the HomePro Insurance Backed Guarantee which matches the terms of the contractor’s original guarantee, subject to the Terms and Conditions of the Insurance, should they no longer be in a position to honour a claim you may have to make.

HomePro should be able to provide an Insurance Backed Guarantee on your contractor’s work to protect your project from start to finish and beyond. Always remember to check this with your contractor prior to accepting a quote.

Ensure that you choose a reputable contractor to carry our any improvements on your home.

All registered HomePro Insurance Backed Guarantee businesses have

• Had financial and legal checks carried out on them.
• Had positive references from former customers.
• Agreed to work subject to the Terms and Conditions of the HomePro Customer Charter.

HomePro
Insurance Backed Guarantee - what is it?

It is insurance that projects you should your contractor cease to trade, as defined in the policy, and is unable to either complete the work or honour the terms of the guarantee given to you on the completed project.

What does it cover?

• Workmanship by your contractor for a period of up to 10 years.
• Materials used by your contractor for the period of the manufacturer’s guarantee to a maximum of 10 years.
• Recovery of Deposit Payments up to 25% of contract value to a maximum of £10000. This covers lasts for 90 days from payment of deposit.
• Work in Progress Cover up to 25% of contract value.

Any other significant features?

It is transferable to any new owners of your property provided the contractor’s own guarantee is transferable.

Important

• We will send you an acknowledgement of cover. If you do not receive this within a reasonable time, contact HomePro using the contract details on the back page of this leaflet.
• This is an overview of the insurance and is not definitive of the levels of cover and applicable trades. If you have any queries, please contact HomePro.
• Copies of the full terms and conditions are available.

The contents of this page was copied from the HomePro Insurance “The Ultimate Protection for your home improvement” leaflet.