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Dehumidifier Troubleshooting, FAQ, Repair and Parts

What is wrong with my Dehumidifier? The coils frost up, It runs, but no air blows out the front, The indicator light is on, but the unit doesn't...

on Feb 28, 2017

What Type of Licensed Contractor Should You Hire?

Looking for a specialty project? There are many types of contractors available for your home improvement needs. Finding the right type of...

on Feb 28, 2017

How to Protect Your Furniture from Sun Damage

Having large windows that let in a lot of sunlight can be nice. It can feel good enjoying the natural light when you are indoors. While it may feel...

on Feb 23, 2017

Build a Custom Home or Renovate Your Existing House?

There is a difficult choice to be made between building the custom dream home you’ve always wanted or renovating your current residence, the...

on Feb 22, 2017

How to Create a Great Office Space

Moving to a new office space can be an exciting time for any business. When planning a new space, you have an opportunity to create a better work...

on Feb 22, 2017

What does a Bonded Contractor Mean?

by 411HomeRepair on Mar 14, 2013

A bond is an insurance policy for which the contractor pays a premium. It guarantees that the contractor will meet his obligations in a satisfactory manner. Failure to do so should result in the payment of compensation by the bonding company. There are three types of bonds, payment bond, performance bond and bid bond.

Being bonded could be like getting an insurance policy that the job will be completed, and it will be done properly.

Larger commercial and almost all government jobs will require that all contractors and sub-contractors be licensed, insured, and bonded. If you can find a bonded contractor you have a good chance the job will be done properly.

One of the problems is depending on the cost of the job, the fees a bonding company charges could be high and this may be passed on to you the customer.

Performance Bonds - A bond that guarantees the project's completion according to the building plans and specifications.

Payment Bonds - A bond that assures the owner that no liens for labor and material will be filed against the property.

Contractor Bonds - A bond that guarantees both job completion and payment of all labor and material

Hire a license, bonded and insured contractor for free home improvement quotes.

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