Choose a Commercial Construction Company That Is Bonded and Insured

July 26, 2022

A commercial construction project is a major capital investment, which means you want to protect yourself by hiring the right company. A general commercial contractor can help with your needs, but it’s important that they are qualified and have insurance for protection. Here are the three top reasons for choosing a commercial contractor while protecting your investment:

Insurance Covers You Both

A commercial builder has insurance that covers unexpected circumstances, such as damage to the client’s property or injuries on site. This is similar coverage homeowners have for their homes and business owners have for their companies. A contractor with a good reputation provides these types of insurance so they can protect themselves in case something goes wrong during construction projects like new buildings being built from scratch. The owner also carries worker’s compensation insurance if someone gets hurt while working at your company under them because this ensures medical costs are covered through lost wages until the person returns back to work after recovering from an injury sustained by doing his/her job duties. Otherwise, you could be liable for these unexpected expenses.

The Construction of A Zero-Net Building is A Simple Two-Phase Process:

A general contractor bond is what separates a reputable builder from one who cuts corners. The guarantee ensures that you are compensated in the event of non-performance or failure to pay for supplies, etc., which can prevent your project being delayed or dropped altogether due to cost concerns on the part of the company. No construction project can bring a building to life without insurance. It’s the backup plan we all depend on when something goes wrong and liability comes into question, but what if there was another way? Commercial bonding offers specific guarantees against liabilities that could arise during your commercial project.

You Know Who You’re Working With

If you’re looking for a commercial general contractor in Ocoee, FL, JeBailey & Co. has been providing quality service and professional advice since we started. If your project requires insurance or bonding to comply with the law, make sure that it is properly documented as well. As you go about hiring a contractor for your project, it is important to ask specific questions and expect documentation from them.

A reputable company with a proven track record in the field will have no problem demonstrating their financial or liability coverage when necessary. At JeBailey & Co., we manage commercial and industrial projects in a wide range of markets. We specialize in construction management services, so you can trust us to deliver the best results possible for your project. Contact us today at (407) 559-6412, or DM me to learn more about our other services or request a quote!

Related Post