There are more scams that involve contractors than any other home services business.
There are constant reports of contractors that do not finish work, do a poor job, or otherwise defraud unsuspecting consumers. One way to make sure that the contractor you hire is legitimate is by making sure that they have a surety bond.
Surety bonds are a type of insurance that business can try to purchase. It protects the consumer from unfinished or undelivered products or services.
Without a surety bond, these contractors can leave a job uncompleted, and the consumer left holding the bag. If the company has a surety bond, then the consumer can make a claim for compensation.