#4 Make sure your handyman is licensed, bonded, and insured. If someone working on your property should become injured, unless they have their own liability insurance you will be fully liable. Reputable handymen carry insurance for this purpose and to cover them if they should cause damage to your property.
Should a housekeeper be bonded?
Housekeepers are rarely required to purchase a bond by law, but a bond can be a wise business investment. Surety bonds increase a business’s trustworthiness and protect its clientele. The most common reason housekeepers and cleaning companies purchase surety bonds is in case of employee theft.
How do I get someone bonded?
The good news is that by following a few basic steps, most people quickly realize that getting bonded can be a painless process.
- Step 1: Do Some Research. What is a Surety Bond?
- Step 2: Contact a Reputable Bond Specialist.
- Step 3: Receive and Submit Your Bond.
- Step 4: Keep up with Required Changes to Your Bond.
What to do if you think you need to be bonded?
If you’re unsure whether you need or ought to be bonded, you can consult an attorney, a surety or insurance company, or another qualified bond specialist who can advise you on your individual situation.
How can I get a surety bond for my housekeeper?
To purchase a surety bond, contact an approved insurance or surety bond agency. Housekeeper surety bonds can be purchased in amounts ranging from $5,000 to $100,000 and are typically issued for a flat-rate premium without a credit check.
Is it important to become bonded and insured?
Learning how to become bonded and insured is important for any business owner. It can often be a mistake to purchase your bonds and insurance together (often incorrectly referred to as “bond insurance”). Not everyone qualifies for surety bonding.
What does bonded and insured mean when hiring household help?
Let’s have a look at what you should consider when hiring household help. What does bonded and insured mean? Bonding is simply a way for you to be reimbursed if a person or company doesn’t fulfill its contract, do the work that was agreed upon or even steals stuff from your home.
