Only Hire Bonded and Insured Contractors

Do you want to hire a contractor to carry out some work on your property or home? Are you aware that you can be safeguarded from contractors if something goes wrong? If you are planning to hire a contractor for your home improvement project, then you need to ensure that he is insured and bonded. Hiring a contractor who is not bonded and insured is risky as you will not get any compensation in case something wrong happens during your contract.

Differences between Contractors Bond and Contractors Insurance

A contractor’s bond protects the client in case the contractor does not finish his job as agreed like failing to pay subcontractors or not paying licenses on time. This gives you the surety that you will not lose money or your property to be damaged during the contract. The bond guarantees you that the contractor will perform the contract as agreed or else he will lose his money for doing a shoddy job.

Contractor insurance covers the damages that might have been caused to your property or offers compensation to workers who are injured while executing your contract.

Reasons why you should only hire insured and bonded contractors only

There following advantages can be enjoyed when hiring bonded and insured contractors as opposed to the ones that are not insured as discussed below;

  • A bonded and insured contractor has all required building permits and this assures you that your project will meet all the safety and building codes. He ensures that your project meets all the professional standards.
  • The contractor may be fined or get censured by contractor’s board if he fails to perform the work as you had agreed in the contract
  • Bonded contractors add value to your home when you want to sell it. This is because most lenders will look for the permit of the contractor who renovated it before approving the funds.
  • Having an insured and bonded contractor for your project helps you to avoid unnecessary liabilities like innocent accidents or unsafe procedures used by workers that may lead to injuries.
  • It helps you to recover your funds in case your contractor neglects your project or if he dies.


If you want to avoid the risks and stress involved with hiring uninsured contractor, then you need to hire a contractor who has good credentials of his trade. Hiring a bonded and insured contractor will ensure that your project runs smoothly and is completed within the agreed time.