Best practice to verifying contractors insurance before your hire

Working with a professional contractor is part of the construction process, whether you’re building your next home or building a professional building for your business. Part of the process is making sure you get a top-notch contractor who can meet deadlines, meet building code, and be licensed and insured.

many contractors can claim to be insured. How can you make sure they have contractors insurance in San Marcos? Here’s a best practice to check contractors’ insurance and license before hiring a contractor.

Reading: How to check if a contractor has insurance

check with the state

Although contractor ads are everywhere, they should also have the contractor’s state license number. You can check your license status online or by calling your state licensing office.

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Contractors must have their license number on all bids and contracts, as well as on their business cards. Just because you see a license number on the paperwork doesn’t mean it’s valid. Taking the time to look up the license number and making sure it’s valid helps you avoid the potential consequences of hiring an unqualified or unlicensed contractor.

ask to see your insurance certificate

All contractors should be able to provide you with a certificate of insurance. You can also request the name of your insurance company. then call insurance services or the insurance company and verify that your contractors’ insurance and liability coverage is up to date.

In California, if an independent contractor has employees, they are required to have workers’ compensation insurance. Although General Liability Insurance for San Marcos Contractors is not required, it is recommended because it protects your property in the event of damage. If the contractor does not carry this type of general liability insurance, then he must create a detailed contract that explains how the damage or loss will be handled. otherwise, you or your insurance company could end up paying for the damages. that could end up causing your insurance rates to go up.

contractor bonds

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in california, licensed contractors must have a contractor’s license bond. Before you sign on with a contractor, you need to know what that bond will and will not cover. Some bonds are designed to protect you from substandard work that doesn’t meet the local building code. institutional lenders generally require bonds for larger projects.

find your contractor

part of the challenge is making sure you’ve done your homework. Finding out about contractor licenses and insurance in san marcos is not enough. You must also obtain at least three offers in writing, describing the work to be performed. Also, get a few references from each contractor and contact those references. Finally, make sure the person you’re dealing with is also the same person listed on your pocket license.

if you’re looking for a contractor, it’s important to know if they have san marcos contractors insurance. doing your homework can serve to protect you financially throughout the project. our team can help any contractor obtain the proper contractor’s insurance to meet state or local requirements. Contact us today to learn more about the options available.

top contractors insurance services is a full service contractors insurance agency handling workers compensation, general liability, construction bonds and auto quotes.

See also: Best Cheap Health Insurance in Wisconsin 2022 – ValuePenguin

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