When you are beginning work as a contractor, and you are taking on projects, you are going to want to ensure you are properly insured. A lot of contractors seem to skip this step because they do not want to bother with it. We can understand the temptation when you are in this position. You just want to get on with your job, and you do not want to spend too much time worrying about how you are going to deal with the California state contractors license bond and the insurance that you need to get through them. But we think it matters a lot.
The reason why it matters is because things are always going to go wrong when you are on a job site. And that is what you are going to want to guard against. Whether you are the one who gets hurt, something goes wrong with the property where you are working, or a member of the public is hurt when you are on the job and they are passing by, you are going to want this insurance. Otherwise you are looking at potentially losing out on a lot of money – and this can cripple your business.
Another thing that you are going to find is that there are a number of residential and business projects that you are just not going to get if you do not have insurance. Sure, some homeowners may not care if you have the insurance, but most will. They do not want to deal with you if something goes wrong. They would much rather you just give them the number of your insurance company – and they would take care of things that way. We think you should be paying attention to this matter and making sure you have the right insurance policy.