Life can be unpredictable.
A company may cease trading without warning leaving a consumer with a worthless guarantee. Reasons for ceasing to trade include bankruptcy, compulsory or voluntary liquidation, insolvency, death or retirement of all the principals.
Whatever happens, an Insurance Backed Guarantee sets out to honour the terms of the guarantee, originally issued by the contractor.
From a company you can trust
With many years experience HIP is market leading provider of guarantee insurance and deposit protection. As a leader in helping the home improvement industry raise its standards, HIP introduced an Approved Contractor Member Scheme. Each contractor applying for membership is checked on their qualifications, expertise, financial security and track record of delivering the best service to customers.
Highest level of protection
Authorised by the Financial Conduct Authority, HIP Deposit & Guarantee Insurance provides the highest levels of protection for a number of home improvement products:
Beware, not all IBGs are the same
There are many providers offering Insurance Backed Guarantees, however not all of them are specialists in the home improvement industry. Their small print may reveal unfamiliar jargon or hidden clauses that do not offer comprehensive protection.
Honest, straight forward policies
HIP takes the jargon away, ensuring the content of the insurance is straightforward and clear to both the policy holders and HIP Approved Contractors.

Since 2009, HIP has provided Insurance Backed Guarantees and Deposit Protection to thousands of home improvement contractors.
Our comprehensive cover protects many home improvement products and services.We offer simple, transparent policies that safeguard consumer deposits and back contractors’ written guarantees for up to 10 years.
