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going after a contractor’s surety bond in CA : r HomeImprovement - Reddit Finally filed a claim against the surety bond to send a message that I just want this project completed Was going to file a claim with the state licensing board with all correspondence printed out ready for submission but kind of worried that they’ll retaliate
Anyone have any experience filing against a contractors bond . . . - Reddit The bond isn’t just some free money, it’s used to pay for the work to be done correctly, also if you have claims against your bond you are pretty much not getting commercial jobs period, it can be a death sentence for a contractor depending on the scale of the issue bond
Contractor’s surety bond, insurance liability, and contract . . . - Reddit Any claims against the contractor's surety bond are paid out by the surety company (for which the contractor then has to pay the surety company back) Anything beyond the $15,000 would need to come directly from the contractor There is a disciplinary bond with a minimum amount of $15,000
Is it okay to ask a contractor their bond information before . . . - Reddit Don't know if bond info is something a one man, self employed contractor has Reply reply wol • Reply reply Whydothesabressuck • Reply reply hanging5toes • Reply reply More replies fnordfnordfnordfnord • Reply reply sexyshingle •• Edited Will a self employed, single employee contractor have or be able to provide an Acord 25 form by law
How important is bonding when looking for a contractor? A bond is a type of insurance for the buyer that is project specific You can ask that your roofing contractor secure a payment and performance bond for your specific job
Is bonding contractors common, or am I missing something? - Reddit Is bonding contractors common, or am I missing something? So I am a project manger in a civil roads construction company For most projects, we have to get a surety as well as Performance bond, and labor and material payment bond
How Much Does a Contractor License Bond Cost? - Reddit How Much Does a Contractor License Bond Cost? Contractor License surety bonds generally cost between 1 5% to 7 5% of the bond amount per year Monthly subscription options are also available Why such a large spread? Insurance companies determine the rate based on several factors, including your customer’s personal credit and experience
[Screwed Over by Drywall Sub] how to go after their license bond . . . So my question now is I want to go after them Fortunately they are license and bonded, but I’ve never gone through the process of filing a complaint against a contractors bond license What does that process look like and is it worth going through whatever hassle it is and what would the end result be? Photos attached of some of the