When consumers need improvement work done to their homes, they prefer to hire licensed and bonded professionals, especially when it comes to home remodeling. And contractors want to be known as a state licensed, insured and bonded contractor to project professionalism and confidence to their customers.
Some states require Home Improvement Contractors to be licensed, and most of those states require a bond. The bond will protect the consumer from shoddy work by the contractor, or non-payment by the contractor of materials used on the job.
The license/bond covers remodeling to existing residential homes, usually between $3,000 to $25,000. These costs includes materials and labor. Projects more than that usually require a separate general contractors license and bond.
Types of Home Improvement projects include repair, replacement, remodeling, altering, converting, modernization or improvement; or addition to any land or building such as driveways, swimming pools, porches, garages, landscaping, fences, fall-out shelters, roofing, painting and other improvements adjacent.
Home Improvement does not cover electrical, plumbing, or HVAC. These types of work are usually covered under a separately required license and bond.
Ashton Agency has been serving the bonding needs of contractors across the country for over 45 years. Let Ashton provide your surety bond. Click www.ashtonagency.com, or call us at (800) 451-4854 (East Coast) or (800) 452-2663 (West Coast).