Ask to see a copy of their Liability Insurance, Worker’s Comp Insurance, and their Contractor’s license. If they are true professionals, they should have all three of these things. Having Liability Insurance and Worker’s Comp insurance is vitally important. If something should happen on your property and the contractor is injured, the Liability and Worker’s Comp Insurance should cover the expenses.
Red Flag #4: The contractor does not have Liability Insurance, Worker’s Comp Insurance, and a Contractor’s license.
There are quite a few dangers if your contractor does not have these documents. All of these are legally binding and protect you and the contractor if something should happen.
A Contractor’s License shows that the contractor has gone through training and testing to receive their license. In North Carolina, builders are required to have a Contractor’s License if they are working on a project of $30,000 or more or completing any electrical, plumbing, and HVAC projects. Regardless of how much your pool installation costs, having a certified and licensed contractor will make for a better and more secure experience.
Liability and Worker’s Comp Insurance are vital for anyone in the public service industry, especially when dealing with heavy machinery and construction equipment. Accidents happen, and people get hurt. Liability and Worker’s Comp Insurance guarantee that if the contractor is injured on the job, he will be taken care of. Unfortunately, without this insurance in place, the contractor falls under your personal Homeowner’s Insurance policy. Most homeowner’s insurance policies do not protect workers who service residential properties. Therefore, if an accident occurred on your property, you would be fiscally responsible for the injured worker. Double-check your homeowner’s insurance before installing a pool, and absolutely make sure that your contractor has Liability and Worker’s Comp Insurance.