Is a Residential Builder or Residential Maintenance & Alteration Contractor required to carry insurance or be bonded?
The licensing law does not require a builder or contractor to have insurance or a bond. Insurance is usually required as a condition of obtaining a building permit from a city, village, or township. A homeowner may wish to require that the builder or contractor show proof of insurance before they sign a contract with the builder.
Related Questions
- I used to be licensed as a Residential Builder or Residential Maintenance & Alteration Contractor Salesperson, but the license has expired. What do I do now?
- Is a Residential Builder or Residential Maintenance & Alteration Contractor required to carry insurance or be bonded?
- How do I get licensed as a Residential Builder or Residential Maintenance & Alteration Contractor Salesperson?
