Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

29
Posts
7
Votes
Michael Szypulinski
  • Hickory Hills, IL
7
Votes |
29
Posts

Unlicensed contractor that is bonded and insured. Would you hire?

Michael Szypulinski
  • Hickory Hills, IL
Posted

If a contractor is bonded and insured, should you still be concerned that they are not licensed? If so, what are some of the pros and cons?

Thanks,

Mike Sz.

Most Popular Reply

User Stats

6,905
Posts
7,500
Votes
Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,500
Votes |
6,905
Posts
Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

When a problem happens and the insurance company that insures the unlicensed contractor becomes aware that the contractor is not following the laws of that state , they may not pay any damage claims , and the same for who ever holds the bond . 

What is an unlicensed electrician ?  An unlicensed plumber ?  An unlicensed driver ? An unlicensed real estate agent ? 

I am an unlicensed brain surgeon , I can operate on you a lot cheaper than the other guy .I have insurance and I am bonded too .

Loading replies...