Insurance Backed Guarantees

Posted in insurance backed guarantees

In these increasingly uncertain economic times a lot of homeowners are naturally nervous about employing any building workers and losing out if the contractor goes bust or ceases to trade.

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Insurance backed guarantees for such work provide legal cover for anyone thinking of having some form of home improvements carried out in the near future. Part of the cover ensures that any work started can be finished satisfactorily by claiming on the insurance to get another contractor to come in and finish the job without the client having to pay out any more money.

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In addition any deposits that have been paid out can also be reclaimed if the contractor goes out of business before the work has started. Likewise any staged payments are similarly covered.

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At Multiguard Solutions we offer all our clients an Insurance backed guarantee for all the above reasons and strongly recommend they take up the option as it does provide that very important peace of mind that people need in these uncertain times.

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