Licensed, Bonded and Insured
When looking for someone to complete projects in your home, it is very important to remember the importance of hiring insured workers. While there are many people who are competent and eager to complete the work whose prices are reasonable, you might want to imagine a scenario that could potentially cost you both financially and emotionally.
What could possibly go wrong??
If Joe the Handyman comes to your home to complete a simple shingle replacement, what happens if his ladder slips from under him, sending him falling to the pavment and the ladder landing on your car. Obviously you are concerned for Joe and if he has sustained any injury, you help. After that, what happens?
If Joe does not have any insurance, you might find yourself on the hook for his medical expenses as well as opening yourself up to a lawsuit. The damage to your car would likely not be covered under your car or home policy, nor would any of the hospital expenses as your policy likely states that any workers you have on your property need to be insured.
Peace of Mind
If a worker will be in your home when you are not there, the peace of mind of having a worker who is fully bondable will be well worth the extra cost.
While it might sometimes seem like you are saving lots of money, or you have found a worker who will complete your projects for a very good price, the cost of hiring a handyman who is uninsured could well be much higher. Ask your worker if they are insured, and you are completely in your right to ask to see a copy of their insurance rider as proof.
Why do I need a licensed electrical contractor? Why does it matter?
In Ontario, it is illegal to hire anyone other than a licensed electrical contractor to do electrical work in your home. If you, as a homeowner, are doing the electrical work, this is allowed.
Why it matters, is if the work is completed by a non licensed person, and there is a problem like an electrical fire, that results from this work, you would NOT be covered under your home insurance policy. This law protects you, as the homeowner.