Does Your Contractor Have the Proper Insurance?
Posted On: 2/5/2016 11:55 AM
For many homeowners in Albany, NY, choosing the right contractor to work with can be a true challenge. This is especially true for those who are unfamiliar with the home performance industry, which can sometimes cause a fair amount of confusion for people. While there are countless different things that people should look for in a home performance contractor, one of the most important areas to focus on is insurance.
Does your contractor have the proper insurance? How do you know for sure? Here are a few things to think about regarding the importance of proper insurance and why you should never hire someone who doesn’t have it.
Types of Home Performance Insurance
In most states, contractors looking to perform work must demonstrate that they hold insurance in order to obtain a trade license. Typically, insurance will fall into two categories: liability and worker’s compensation. Liability insurance covers any property damage or injuries that occur as a result of a contractor’s work and will normally cover the costs of repairing whatever damage exists. Worker’s compensation insurance provides payments to those who have been injured on the job, no matter who was at fault for the injury.
Contractors who hire employees to work for them must have both types of insurance, and it’s simply too risky to hire those who do not. By hiring a contractor, like Zerodraft, that carries proper liability and workers compensation coverage, you have the peace of mind in knowing that the job will be done to the highest standards, and that you will not be faced with personal liability for their mistakes.
Why Insurance Matters
Consider a scenario in which something goes wrong on the jobsite. Perhaps your contractor falls off a ladder or drops something heavy through the windshield of your car by accident. What if a subcontractor that gets hired out for a portion of the job is injured on your property? These and other similar issues can lead to detrimental results if your contractor doesn’t have proper insurance.
Although hiring an under-insured contractor may appear to be the less expensive option, because they can offer a lower upfront price… you could be putting your assets, including your home at risk if they end up filing a claim against you because of an accident or injury occurs for which they were not covered. It happens too frequently.
At Zerodraft, we believe there’s nothing more important than maintaining honesty and transparency with the customers we serve. Our team is fully insured, which means there’s no need to worry about worst-case scenarios and how they might affect you and your family. We’ll go over our documentation and answer any questions you may have before performing any work, as we want you to be as comfortable as possible choosing the contractor with whom you decide to work.
Insurance matters. It’s not worth taking the risk on a home performance contractor who doesn’t have it, and we’re proud to say that this isn’t a concern at Zerodraft.
Contact us today to learn more about our team and to schedule an appointment!