After trading for more than 39 years, CORC obtained our FCA license to issue roofers with insurance backed guarantees to ensure customer protection and peace of mind.
What is an insurance backed guarantee (IBG)?
An Insurance Backed Guarantee is an Insurance Policy that will honour the terms of the guarantee you provide to your customers for both materials and Workmanship should your business cease trading. To clarify ceasing to trade is due to liquidation, receivership, administration or winding up due to bankruptcy, state retirement or the death of the principals.
An IBG gives your customer peace of mind for as little as £40.00!**
All works must be paid for in full before an insurance backed guarantee can be given to your customers. We cannot insure work that has not been paid for.
All of our insurance backed guarantees cover 10 years.
Why use us?
- Cover is available for contract values of up to £250,000
- Our IBG’s cover the FULL contract value. Some IBG providers will only cover a certain amount of the contract value.
- We pride ourselves on our quick, professional service. We aim to get your IBG back with you within 24 hours***
- All guarantees are done in house by our qualified team who have over 9 years of experience with IBG’s.
IBG Prices
Contract Value from £0 – £5000 – £40.00
Contract value from £5,001 – £15,000 – £50.00
Contract value from £15,001 – £30,000 – £90.00
Contract Value from £30,001 – £50,000 – £160.00
Contract Value from £50,000 onwards – Please call office for a quotation
Commercial – all business properties
Please call/e mail the office for a quote – gemma@corc.co.uk or 01206 306600
What are the benefits of IBG’s for the tradesperson?
- IBG’s are proven to help your company win quotes. With the market being more competitive than ever, customers are getting increasing amounts of offers. Offering an IBG with your quote can help you win it by giving your customer that extra piece of mind.
- IBG’s offer your customer further protection and satisfaction to know that even if your company are no longer trading, they are covered. This, in turn, shows reliability not only to your company but a professionalism to uphold your workmanship.
- Being able to offer our IBG’s shows that you have satisfied the insurer and passed vetting checks. This again, will give your customers more peace of mind that they are using a competent, professional installer