Risky Hiring Uninsured And Unlicensed Contractors

You may think you’re saving money. Repairing shoddy work is very expensive.

You’ve heard the saying “Any two, but never all three. If you want something good and fast, it won’t be cheap. If you want something good and cheap, it won’t be fast. If you want something fast and cheap, it won’t be good.”

Hiring a contractor for repair or construction projects is a significant decision that demands careful consideration of various factors. Among these, licenses, certifications, insurance, and bonding stand out as crucial components that ensure the competence, reliability, and financial security of the contractor. These elements play a pivotal role in safeguarding both the client and the contractor throughout the project. You should also add here: Dependable, Reliable, and Trustworthy.

Insurance is another vital aspect that protects both parties in the event of unforeseen circumstances. A contractor with liability insurance provides coverage for property damage or personal injury that may occur during the project. This shields the client from potential financial burdens and legal issues, illustrating the contractor’s responsibility and commitment to a secure working environment. Even environmental insurance and errors and omissions insurance should be considered.

Bonding is an added layer of protection that guarantees financial compensation if the contractor fails to fulfill contractual obligations. A bonded contractor reassures the client that their investment is secure, promoting confidence in the completion of the project within agreed-upon terms.

Collectively, these elements create a comprehensive framework that minimizes risks and promotes a trustworthy relationship between the client and the contractor. Clients can make better decisions based on the contractor’s credentials, giving the client a sense of confidence and security in their choice.

For contractors, holding licenses, certifications, insurance, and bonding not only instills trust in clients but also shows a reputation for professionalism and reliability within the industry. The importance of licenses, certifications, insurance, and bonding in the contractor-client relationship cannot be overstated, since they together contribute to a more successful and secure construction or renovation project.

Most property owners understand what a license is, or how insurance works, but few know what an IICRC certified firm is. The following explains all about the IICRC certification.

What is an IICRC Certifed Firm?

An IICRC Certified Firm is a business that employs one or more IICRC Certified Technicians. These technicians have completed unmatched IICRC Certifications that cover inspection, cleaning, and restoration specialties.

Who is the IICRC?

The IICRC is the Institute of Inspection Cleaning and Restoration Certification, a non-profit organization for the Inspection, Cleaning, and Restoration Industries. Since starting in 1972, the IICRC has evolved into a global organization with more than 49,000 active Certified Technicians and more than 6,500 Certified Firms around the world.

Why Are Certified Firms Important?

IICRC Certified Firms perform at the highest level of technical ability when completing complex jobs, giving you peace of mind, the scope of work is completed right the first time. Verify any IICRC Certified Firm and their qualifications on the IICRC Global Locator, or contact the IICRC with the company name and we can verify their credentials.

Author: Dick Wagner, Tactical Specialist