{"id":4846,"date":"2020-10-04T00:00:00","date_gmt":"2020-10-04T07:00:00","guid":{"rendered":"https:\/\/chrisbuyshomesstlseller.carrot.com\/?p=4846"},"modified":"2025-02-15T15:21:53","modified_gmt":"2025-02-15T15:21:53","slug":"how-to-make-sure-your-contractor-is-insured-in-jennings-mo","status":"publish","type":"post","link":"https:\/\/www.chrisbuyshomesstl.com\/blog\/how-to-make-sure-your-contractor-is-insured-in-jennings-mo\/","title":{"rendered":"How To Make Sure Your Contractor Is Insured In Jennings, MO"},"content":{"rendered":"We buy houses in Jennings, Missouri<\/strong><\/a>, and pay cash for houses<\/a> in Jennings to home sellers who need to sell their homes fast for cash. You’ve wanted to renovate your cramped, outdated kitchen for ages. And now \u2013 finally \u2013 you have the funds and the opportunity to do it. So you ask around among your friends and co-workers to find a contractor and then hire the one they recommend \u2013 even though you’re not aware that you need to or even how to make sure your contractor is insured in Jennings, MO. But with a huge helping of good luck, the renovation goes smoothly, and you are delighted with the results.<\/em>\n\nBut it could have been different \u2013 appallingly different \u2013 if your contractor wasn’t insured and luck hadn’t been on your side. That’s why you see so many television shows now that depict the making right of botched jobs by shady contractors. As experienced homebuyers in Missouri, we advised you to make sure your contractor is reputable and fully insured.\n

Difference Between Bonding And Insurance In Jennings, MO<\/h2>\nMost reputable contractors advertise themselves as “bonded and insured.” But what, exactly, does that mean? A surety bond<\/a> assures that you’re protected if the contractor skips out and doesn’t finish the project or if he winds up doing sub-par, shoddy work. This bonding ensures that you won’t have to use your own cash or homeowner’s insurance to foot the bill in such cases.\n\nA contractor’s insurance protects you against the cost of both damages and lawsuits. If during the renovation project, some kind of damage occurs to your home, you (or your insurer) won’t have to pay for repairs. Also, if one of the contractor’s employees is injured working on your project, you won’t be liable.\n

What Kind\/How Much Insurance In Jennings, Missouri?<\/h2>\nTaking steps to make sure your contractor is insured in Jennings, MO is just the beginning. You also need to make sure the contractor has adequate coverage and the right types of insurance.\n\nFirst, would the contractor’s insurance cover major damage to your home? If, say, you live in a $1.5 million home, and your contractor’s insurance would cover only $500,000 in damages, then you probably need to keep looking. Your contractor should carry general contractor liability insurance comprising the following types\/levels of coverage:\n