Contractor Insurance: What It Is, How to Get It - NerdWallet

The Facts About General Contractor Insurance - Insurance Brokers of MN Revealed

Complete your Application for Contractor Registration. Pay the required application charge of $124. 70 The order you complete these actions can impact how rapidly you can complete the registration process. Starting For the fastest and easiest registration procedure, we suggest this three-step process: Decide on your organization structure and name If you are establishing a sole owner or collaboration, choose on your company name, or if you already have registered your company and have a Uniform Service Identifier (UBI), proceed to step 2.

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If you are not sure which service structure you ought to utilize, see our guide, Obtaining Your Washington Organization License: A Step-by-Step Guide (F101-079-000), or go to  for extensive information on starting and structuring your business. Purchase your surety bond and insurance To register as a professional, you will need to purchase: A Washington Constant Contractor Surety Bond in the quantity of: $12,000 for basic professionals $6,000 for specialized specialists A general liability insurance plan in the amount of: $200,000 in public liability and $50,000 residential or commercial property damage, or $250,000 combined single limitation Your bond and insurance must use your precise business name, and L&I must be listed as a certificate holder for your liability insurance coverage.

Visit your regional L&I workplace At your regional L&I workplace, our client service representatives can help you register your organization and complete your application. To avoid unnecessary delays, you will require to have the following: The organization name and service structure you have selected, or your company registration and UBI number from the Department of Earnings.

Your constant contractor surety bond or task of savings. Your certificate of basic liability insurance. Your registration cost. Additional ways to register You can mail your finished, signed, and notarized Application for Contractor Registration (F625-001-000) to the address listed below in addition to: Constant specialist surety bond or project of cost savings. Certificate of basic liability insurance.

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Mail to: Professional Registration, P.O. BOX 44450Olympia, WA 98504-4450 All signatures on your application need to be initial and notarized. We can not accept a copy of your application. Completed  View Details  sent by mail are presently taking 3-4 weeks after receipt to process and trigger your registration. Once your organization is registered, it will be noted in our Verify a Contractor, Tradesperson, or Organization tool.