How to Make Sure Your Contractor is Insured in Port St. Lucie
                     How to Make Sure Your 
Contractor is Insured in Port 
St. Lucie
  
Difference Between Bonding 
and Insurance
Most reputable 
contractors advertise 
themselves as “bonded 
and insured.” But what, 
exactly, does that mean?
A surety bond assures 
that you’re protected if 
the contractor skips out 
and doesn’t finish the 
project or if he winds up 
doing sub-par, shoddy 
work. This bonding 
ensures that you won’t 
h ave to use your  own 
cash or homeowner’s 
insurance to foot the bill 
in such cases.
What Kind/How Much 
Insurance?
Your contractor should 
carry general contractor 
liability insurance 
comprising the following 
types/levels of coverage: 
Liability insurance – 
Covers injury to you or 
your family and protects 
you from lawsuits 
Workman’s Comp – 
Protection for the 
contractor’s employees in 
the event of injury (not 
required in all states for 
smaller contractors, so 
you’ll need to ask)    
  Property damage – Covers 
damages to your home 
during the course of the 
project
Steps You Need to Take
1. Check out the 
contractor with the 
Better Business Bureau. 
2. Check references and 
talk to former 
customers.  
3. Have a formal in-
depth meeting with the 
contractor before 
signing any contract.  4. 
Ask to see insurance and 
bonding documents.
5. Get everything in 
writing – all aspects of 
work to be done, work 
milestones and payment 
s chedule, compl etion 
date, contingency 
clauses, and so on.
How Does Your Contractor 
Deal With Subcontractors?
It sometimes happens 
that subcontractors are 
brought in on a cash 
basis. There’s no 
record of their 
employment by the 
general contractor, 
and, as a result, they 
aren’t covered by the 
contractor’s insurance 
(or bonding) should 
something go wrong. 
So, in addition to 
investigating your 
contractor’s insurance 
  status, you also need 
to determine how they 
deal with 
subcontractors.
Contact Us
EasyWayToSellYourHome
Contact : 8005302710
Website : 
https://www.easywaytosellyourhome.com