Are You Covered, Is Your Service Contractor Insured?
OK all you home owners out there, here is a question for you… are you Insured? Of course you are. Before already considering closing on a house it is required to acquire homeowners insurance. What about the home improvement contractor, are they insured?
Hiring a contractor to perform work at your residence is a difficult task sometimes. Who do you hire? And how do you find a reputable company? information of mouth and referrals seem to be the most shared methods for both homeowner and a company. A person’s information and recommendation seems to keep up the most value when contracting for service. But you should research each company thoroughly before hiring a contractor to work on your character. Insurance, licensing and specialized affiliations are very important things to consider before allowing a contractor to work at your home.
Let us look at the following example, a tree service company. Tree work is extremely dangerous. If not properly or professionally completed, a limb or piece of wood could fall onto a person, house, or structure. Or already worse, a tree climber could fall out of a tree, get hit by a fallen limb or branch, get cut by a running chainsaw, a finger smashed or lacerated, or someone could already go by a chipper. Yes, all of these things happen more than you would like to know in a given year in the tree care industry, already among the best professionals. More commonly than not, these accidents can rule to lawsuits if the contractor is not properly insured.
To protect yourself and your residence as a homeowner, it is absolutely basic to ensure that a hired service specialized has the proper license, and is fully insured for their trade. You do not want to be responsible for a contractor dying, getting injured, or causing major damage to your character. Each year, there are many lawsuits against homeowners due to on the job accidents by uninsured contractors.
Don’t consider hiring the neighborhood kid to prune your trees. Think about what could happen while doing the work; the kid could cut a limb that hits a high tension line and get himself killed. Yes, believe it or not, this is a true story that happened right down the street from where I live, and happens more than it should.
Instead of hiring the cheap labor, get free estimates from a few reputable and insured tree care professionals. Workmen’s compensation and liability insurance are extremely expensive for tree service companies, or any high risk service for that matter. But it is worth it to protect yourself and your home. Before you hire, make sure you can acquire proof of insurance and license from the company. If the price is much lower than other companies that provided estimates, check that company out to make sure they can prove they have that liability and worker’s compensation insurance. Another important part when hiring a company that performs risky work is their safety culture. The company should have a complete time safety specialized on staff that holds regular safety meetings.
Next time you hire a service specialized for work that is high risk such as a tree service company, make sure the company is licensed, fully insured, and is reputable. Choosing the right specialized covers and protects you and your best interests. Today, it is more important than ever to be careful and selective of whom you hire.