Confirming that Contractors are Bonded & Insured

When it comes to home remodeling and renovations, you must work with a reputable and experienced contractor who is both bonded and insured. Many homeowners are surprised to hear that many home renovations are started by and deserted by fraudulent contractors. In order to avoid this costly mistake, keep these informational points in mind:

  • Bonds are similar to insurance but they are not insurance policies. Rather, when contractors are bonded, it means that they are giving you a financial guarantee that the services provided will be completed according to agreed terms.
  • While a contractor may say that they are bonded and licensed, it is important that you obtain proof to ensure that your job is being completed by reputable contractors.
  • If you are unsure if a contractor’s proof of being bonded and insured is legitimate, check with the Better Business Bureau website. In California you can check the Contractors State License Board to confirm a contractor’s legitimacy.

Contact Chivaroli Premier for all of your homeowners’ insurance needs. We can help safeguard your home from a variety of common perils.