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The Confederation of Roofing Contractors 2000 are insurance brokers registered with the Financial Conduct Authority (FCA) – Reg no: 968078
Please note insurance backed guarantees (IBG’s) and deposit protection insurance (DPI) are a chargeable service.
IBG’s can be ordered as a one off or, as many as needed*
IBG’s cannot cover repairs, paints or resins.
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 back 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.
- Not only can we cover roofing, we can also provide IBGs for the CPS scheme, Glazing, Garage Doors, Conservatories with solid roof (Guardian), Conservatory roof (replacement UPVC or Guardian), Extensions, Loft conversions, Garage conversions & Solar PV (including battery storage)
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.
How to order IBG’s
If you are already a member of CORC, please e mail gemma@corc.co.uk with the answers to the below questions and a copy of the company guarantee.
If you would like to be able to use our IBG service, please fill out our application form here: https://www.corc.co.uk/pride-and-professionalism/become-a-trade-member/
Once you have been accepted, order via e mail by answering the below and e mailing to gemma@corc.co.uk:
Customer name:
Customer address:
Date work completed:
Contract value including VAT:
Brief description of works:
A copy of the company guarantee MUST be attached for us to process the IBG.
Not all of our members are able to offer insurance backed guarantees and the ability to offer them is based on specific checks. Please contact the office for more information.
*Subject to passing application and credit checks
** dependant on contract value and trade type
***This can differ based on contract value and underwriter permissions
Please note, a limited company must be trading for 2 years before an IBG can be ordered.