It is a simple task. Ask your concrete contractor to show you a copy of their current insurance. You would think most homeowners ask wouldn’t you. Nope. You would be shocked. In the four plus years experience in running a concrete company in Kansas City we were not asked to show our insurance to a home owner one single time. This really surprised me. Think about it…most of the time there is going to be a bobcat jackhammering out concrete right next to your home’s foundation. What if something happens…???
I feel it is especially important with the current state of the economy to ask this question. I recently spoke with a friend of mind that works at an insurance agency. She said that all of their contractors are trying to lower their coverages so they don’t have to pay as much or even canceling their policy. This is realy scary to think of them canceling their policy and continuing to do work.
In a not so scientific survey I did among contractors in the Kansas City area I found that about 50% said they didn’t have insurance.
Just a word to the wise.