By Timothy B. Chesser, Armor Tek Coatings President
Q: Why do different contractors charge different prices for the same project?
A: There are many reasons. Here are a few to keep in mind:
• Not all contractors carry workers’ compensation insurance and general liability insurance, leaving you open to possible lawsuits or financial loss should someone get hurt or an accident occur. Not providing coverage keeps overhead lower for these contractors, but exposes you to huge financial risk.
Verify contractor info at www.cslb.ca.gov/consumers . It will reveal: licensing, insurance (but not general liability or vehicle), bonding, and legal-status information. Unlicensed Painters end up in jail if they contract for work over $500. In addition, the consumer can be slapped with heavy fines, as many found out last year during a sting operation in San Diego. It’s not worth the hassle to go with unlicensed painters. Continue reading »
