As members of the Property Care Association (PCA), Invasive Weed Control Group (IWCG) we offer insurance on our company guarantees by providing Japanese Knotweed Insurance Backed Guarantees. The insurance is provided by Guaranteed Protection Insurance Ltd (GPI), and is the most widely accepted product by major UK mortgages lenders in the industry.
The general principle of the GPI Insurance Backed Guarantee product is simple. Your knotweed treatment will continue in the unlikely event that we cease to trade. This policy can be transferred from home-owner to home-owner and will assist in the buying/selling process.
Knotweed Insurance Claim Process
If you have an Insurance Backed Guarantee from GPI and regrowth of Japanese knotweed occurs and the contractor that gave you the guarantee has ceased to trade, you can make a claim to GPI. They will collect a completed claim form from you as well as copies of some important associated documentation. GPI will organise a re-inspection of the property by an alternative PCA member contractor.
If the re-inspection report confirms regrowth of Japanese knotweed in the area(s) originally treated, and detailed within your management plan, and covered by the original contractors' written guarantee, GPI will meet the reasonable costs of any re-treatment works required.
When quoting your treatment works, we will include a policy or provide you with a quotation for a GPI Insurance Backed Guarantee. GPI can provide insurance cover for a period of up to ten years and only a one-off premium payment is required. The quotation will confirm the premium applicable.
Who are GPI?
GPI is a UK based general insurer, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. With many years' experience, GPI specialises in the provision of IBG's.
More Information on our Japanese Knotweed Guarantee
If you would like more information on our 10 year insurance backed guarantee, contact our team on 0333 2414 413 or contact us using the online form.