The Basic Principles Of Insurance for Contracting Businesses - Commercial Contractor

The Basic Principles Of Insurance for Contracting Businesses - Commercial Contractor
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We accept cash, checks, money orders and credit/debit cards. You might also send by mail the required documents and payment (check or cash order) to: Washington Department of Labor & Industries, Contractor Registration Section, PO Box 44450Olympia WA 98504-4450 Info Advertising After you've registered, you need to use your professional registration number on all your company interactions.


This consists of business cards, Yellow Page ads, paper ads, internet ads, quotes and bid propositions. Check-out our specialist marketing cards. Complete the cards with your registration info, print them, and supply a card when sending a quote. These cards will educate your client about professional registration, and help them verify your status and the status of any specialists who might have offered them a bid for work.


Surety bonds are offered through a bonding company or insurance company. Premiums differ with each company, as do the requirements for being bonded. The bond should consist of the bond number and precise company name. Exist any options to a bond? The option to a bond is an. An Assignment of Account (F625-008-000) must be on this type (likewise available at L&I local workplaces).



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Insurance Get general proof of liability insurance protection from your insurance representative. $50,000 home damage policy and $200,000 public liability policy, or $250,000 combined single limit policy. KEEP IN MIND: Originals of your bond and insurance will be needed to finish your registration.  This Article Is More In-Depth  need to supply this Design Disclosure Statement Notification to Consumer (F625-030-000) for all residential jobs of $1,000 or more and for industrial jobs of $1,000 to $60,000.


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Additional licensing Some activities have licensing requirements that remain in addition to specialist registration. Contact the Washington State Dept. of Commerce Lead Paint Program at 360-586-5323(LEAD), or check out www. commerce.wa. gov/lead, prior to remodeling or redesigning activities in pre-1978 property or child-occupied facilities, to guarantee compliance with relevant lead policies. If you will be applying pesticides, contact the Washington State Dept.


wa.gov, to ensure you remain in compliance with state and federal pesticide law, or check out https://agr. wa.gov.


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What to Look For in a House Improvement Professional House enhancement work can be really easy or quite included. Either method, work is being done on one of your most pricey properties; errors can be expensive and trigger tension. However consumers can prevent a large amount of difficulty by doing their "research" prior to the work starts.