An Insurance Backed Guarantee (IBG) is a policy issued by an insurance company to the owner of the property to underwrite an original guarantee provided by the installer. The IBG actually only comes into force if the customer makes a claim on the installers guarantee and the installer is no longer trading and therefore not in a position to honour the guarantee. The insurance company then takes over responsibility for the guarantee and is obliged to honour any bone-fide claims made on that guarantee for the remainder of the term.
Thousands of contractors, large and small, cease to trade each year for a multitude of different reasons. Guarantee periods are mainly 10 years in this industry and much can happen to any business in that time, regardless of current stature. This is particularly true in today's volatile business environment. If your chosen installer were to cease trading you could be left with faulty goods, a guarantee of absolutely no value and a potential bill of thousands of pounds to rectify any problem.
Every consumer using a DGCOS Accredited Member will be provided with an Insurance Backed Guarantee through the DGCOS approved supplier.
To find your nearest dgcos accredited member please click the find an installer tab.