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Garden Rooms For All Personal Styles

The truth is that the best possible garden rooms out there appear after really careful consideration and planning. It is not at all easy to make...

on Aug 21, 2014

Renovating Your Master Bedroom

Do you feel that your room is has become too cluttered and archaic? Are you planning to makeover your bedroom? Are you puzzled about how and what...

on Aug 19, 2014

Creating the Perfect Outdoor Kitchen

When you look out at your backyard what do you see? If there’s an open space that seems to be calling your name, begging for a little creativity,...

on Aug 18, 2014

Garage Door Replacement Is Harder Than You Think

Getting a new garage door can be a very exciting and pleasant process indeed. With so many choices and beautiful designs, you can dress the garage...

on Aug 17, 2014

Custom Kitchen Cabinets Instead of Cabinet Refacing

Remodeling a kitchen is quite an interesting project, one that will forever change your home. There are thousands of homeowners that are eager to...

on Aug 16, 2014

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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