Bonded? Insured? What These Terms Mean for You and Your Project

October 24, 2019

In your search for a professional to install custom cabinets in your Las Vegas, NV home, chances are you’ve come across business terms like “licensed,” “bonded” and “insured.” In the contracting world, bonds and insurance are important forms of protection for the customer. These also offer better assurances that you are working with a reputable professional who is ready to take responsibility should something go wrong while doing the job.

What is the difference between a bonded cabinet installer and an insured cabinet installer? And what does this all mean to you and for your project? Read on to find out.

A bonded contractor

A bond protects you, the customer, if the contractor fails to complete the job you hired him or her to do, neglects to pay for necessary permits or doesn’t meet other financial obligations, including paying subcontractors or suppliers or taking care of property damage caused by workers.

Bond requirements vary depending on the state and county you live in, so some advance research on your part is a wise move. For a company to be bonded, they typically pay a premium to a surety company. The contractor is then given a bond number and certification to keep on hand to show potential clients proof he or she is indeed bonded.

An insured contractor

Liability insurance and worker’s compensation are two common types of contractor’s insurance. Make sure the contractor you want to hire is appropriately insured to ensure you’ll be happy with your cabinet project.

Property damage caused by the contractor and other similar situations are covered by liability insurance. What it doesn’t cover is paying to repair or replace subpar work. Worker’s compensation is in place to pay lost wages and medical expenses for workers who are injured on the job, regardless of fault. This coverage also provides benefits to a worker’s family in the event of death while on the job.

A licensed contractor

No matter the type of home project, you should find out if the contractor is required to have a license for his or her trade. In many cases, a contractor who is not licensed may not be able to acquire insurance or a bond. This becomes an even bigger problem when your project requires a building inspection upon completion. A building inspector will likely ask to see the contractor’s license and other certifications, as well as proof of proper permits.

The importance of a contractor being licensed, bonded and insured

It is extremely important that you use a licensed, bonded and insured contractor to install custom cabinets in Las Vegas, NV. Yes, it may take longer for you to find someone with these qualifications, but it will be well worth the effort. The truth is that you may regret using an installer who does not have the proper certifications or coverage. If the contractor ends up destroying your cabinets, he or she won’t be held accountable for the damage. There are no repercussions for them because you hired an unlicensed, unbonded individual.

If you would like more information about commissioning custom cabinets in Las Vegas, NV or need cabinets installed in your home, call Authentic Custom Cabinetry!

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