Sounds a good deal?

dogmaryxx

https://www.gpiguarantees.co.uk/


We will not cover: 

• dampness that is not a result of rising damp; 

• any other cause of dampness; 

• external dampness; 

• rising damp in walls that are not made of masonry; 

• outbuildings unless these are specifically covered in the Schedule of Insurance; 

• decoration; 

• removal or replacement of fixtures, fittings, furniture and furnishings; 

• replacement of any rotten timbers unless the timbers are covered against wood-rotting fungi; 

• third party fees, including e.g. advisers fees, listed building consent.

https://www.gpiguarantees.co.uk/

Paulwilson999

Did you seriously expect it covers all those? Rising Damp and plastering only and I have seen real testimonials from clients in London who made claims and had repairs undertaken. Anyway I'm covered now, there are 121 houses in our road and many on the WhatsApp neighbour hood watch, many are signing up! Anyway no more further comments needed I do thank everyone for their kind time.

Andthen07

I do hope you didn't sell your cow for a bag of magic beans.

neilmcl

Paulwilson999 said:

As part of the application you make a declaration there is no existing Rising Damp which there is not. Seems a no brainer to me. 

Except for the fact that "rising damp" is largely a myth.

neilmcl

dogmaryxx said:

https://www.gpiguarantees.co.uk/


We will not cover: 

• dampness that is not a result of rising damp; 

• any other cause of dampness; 

• external dampness; 

• rising damp in walls that are not made of masonry; 

• outbuildings unless these are specifically covered in the Schedule of Insurance; 

• decoration; 

• removal or replacement of fixtures, fittings, furniture and furnishings; 

• replacement of any rotten timbers unless the timbers are covered against wood-rotting fungi; 

• third party fees, including e.g. advisers fees, listed building consent.

https://www.gpiguarantees.co.uk/

So they pretty much don't cover anything of use. Easy money for them.

Paulwilson999

neilmcl said:

Paulwilson999 said:

As part of the application you make a declaration there is no existing Rising Damp which there is not. Seems a no brainer to me. 

Except for the fact that "rising damp" is largely a myth.

Funny that the RICS define its treatment but of course they are only Chartered Surveyors and not an expert like you 

neilmcl

Paulwilson999 said:

neilmcl said:

Paulwilson999 said:

As part of the application you make a declaration there is no existing Rising Damp which there is not. Seems a no brainer to me. 

Except for the fact that "rising damp" is largely a myth.

Funny that the RICS define its treatment but of course they are only Chartered Surveyors and not an expert like you 

https://www.architectsjournal.co.uk/archive/rising-damp-is-a-myth-says-former-rics-chief

You seem to be very defensive of this company you've suddenly decided to give over £100 to for nothing.

DB1904

Paulwilson999 said:

Did you seriously expect it covers all those? Rising Damp and plastering only and I have seen real testimonials from clients in London who made claims and had repairs undertaken. Anyway I'm covered now, there are 121 houses in our road and many on the WhatsApp neighbour hood watch, many are signing up! Anyway no more further comments needed I do thank everyone for their kind time.

You're either affiliated to the company or easily parted from your money. 

Rosa_Damascena

Sounds like a bargain OP, you go for it! 

Bendy_House

I have no idea whether that offer is a touch scammish or not - ie whether it's worth the paper it's printed on. However, since 'all' they'll do in the event of a valid claim is to hack off, inject, replaster, and walk away - not a huge job, and leaving all the finishing costs and the replacement of any rotten timber to the customer - then I can see that it's overall probably quite a valid financial proposition for the company.

In effect, it's an insurance premium, so they'd expect - hope - that most will never have to claim. Ergo, they financially win.

My main concern is the seeming lack of survey required - the customer only has to 'declare' an absence of RD at the time the policy is taken out? Really? So what happens when someone makes a claim? The company will - again - just take the customer's word that there hadn't been any RD prior to the claim? Really?

Surely not, or else all an unscrupulous person would have to do to sort out their existing RD problem is sign up, declare now't, wait a wee while, and make a claim.

What I suspect will happen, is that the company will - in the event of a claim - then send out a surveyor, who will look for evidence that the RD is not spontaneous and new. But, hey, I might be doing them a disservice.

Since Paul Wilson lives on a road of predominantly Victorian Town houses, where his neighbours "are always having damp treated", I again wonder how successful a claim there would be?

I mean, most such Victorian houses will either (a) have some RD, in which case no (honest) claim is possible, or (b) will have had RD previously treated, in which case there's no RD and unlikely to be in the next 10 years. 

Anyhoo, at £99 - provided you are honestly adhering to the conditions -

it's at least a half-no-brainer.