What Is A Bonded Roofing Contractor?
Hiring a legitimate roofing contractor can be challenging as many companies in the market claim to be the best. But what sets the good ones apart from the regular ones? If your roofing contractor is completely bonded and insured, it is a green flag, and you should trust them without a doubt. As bonds are a legal contract, there are few chances of an incompetent roofing contractor getting them. As per experts, one of the best ways to judge if a contractor has all the experience and knowledge needed is by asking if they have a bond or insurance. When roofing companies request a bond or insurance, there is a specific criterion that they have to fulfill. The information required by insurance providers includes the number of active and inactive projects, financial statements, credentials, and deliverables. Any contractor who is inexperienced or ineligible is not provided with a bond or insurance. This is why it is always recommended to ask your contractor about their insurance policies before hiring them.
What Is A Bond?
A bond is a legal document created to ensure the well-being of the contractor and their clients. There are many times when things go wrong, and contractors cannot deliver what they claimed. This can lead to many disruptions and litigations if your customer isn’t satisfied with the final product. A bond works in favor of the dissatisfied customer and helps them to get a refund if there are any discrepancies or if the contractor fails to provide promised services. The bonded contractors pay the bonding company a fee like an insurance payment. If a contractor cannot pay subcontractors or material suppliers, the bonding company will make the payments. If the contractor cannot complete the labor part of the roofing job, the bonding company will make arrangements for another experienced roofing company to complete the job. It can be financially distressing to know that the money you invested in the roofing services has gone in vain. However, a bond can save you from such situations. Many people try to save up some money by hiring any random roofing contractor that they come across. By doing that, you are risking both your time and money at the same time. In case you are looking for a bonded roofing company, check out Unisource Roofing LLC. Here are some benefits of hiring a bonded contractor.
Benefits Of Hiring A Bonded Roofing Contractor
Extensive Knowledge And Expertise
A bonded roofing contractor will have the knowledge and skill required to get the job done perfectly. It is a common misconception that most roofing contractors know their jobs but sadly isn’t true. By hiring an insured and bonded contractor, you can stay assured that you will not be risking your money into a futile project as it will be refunded back to you in case of any unfortunate circumstances.
Time And Cost Efficiency
You should always hire a bonded roofing contractor. They will always be able to identify the problem quickly and provide you with practical solutions. Having the correct information about your issues will also make them save your money as they will always have several different resolutions that would fit your needs. Be wary of the roofers who don’t want to give an estimate or contract in writing. The roofing contractors should provide you with a detailed estimate, including the number of layers to be removed, the cost breakdown of supplies, and the shingle color. Also, ask about the shingle manufacturer’s product line.
Almost Exact Cost Estimation
As bonded contractors would have the skill and experience to pull off roofing repair and replacements easily, they will also be aware of how much everything would cost. This will give you a fair idea of how much you can afford and will help you plan your finances accordingly. Nobody likes to have last-minute expenses, and a bonded roofing contractor can save you from going through such situations.
Most bonded roofing contractors will help you get permits to work, which would help you save your time. So, if you don’t want to go through any problems while working with your roofing contractor, it is essential to hire someone who has a complete bond and insurance. Many people take this lightly and don’t hire a bonded or insured contractor. If you have made up your mind and want to get a reliable roofing contractor, contact us today, and we will assist you. We have a certified and bonded team to suit every home improvement project and create a solution for everyone.