Electrical Contractors Business Insurance Guide - Trusted Choice

The Facts About General Liability - Texas Contractor Insurance Revealed

Complete your Application for Specialist Registration. Pay the needed application cost of $124. 70 The order you complete these steps can impact how quickly you can complete the registration procedure. Getting going For the fastest and easiest registration process, we suggest this three-step procedure: Decide on your service structure and name If you are setting up a sole proprietor or collaboration, pick your organization name, or if you already have actually registered your service and have a Uniform Service Identifier (UBI), continue to step 2.

Independent Contractor Insurance: Make it Your Own

If you are uncertain which business structure you must use, see our guide, Getting Your Washington Company License: A Step-by-Step Guide (F101-079-000), or check out  for extensive details on beginning and structuring your company. Purchase your surety bond and insurance coverage To register as a specialist, you will require to purchase: A Washington Continuous Specialist Surety Bond in the quantity of: $12,000 for basic specialists $6,000 for specialty specialists A general liability insurance plan in the quantity of: $200,000 in public liability and $50,000 home damage, or $250,000 integrated single limitation Your bond and insurance coverage need to utilize 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 office, our client service representatives can help you register your organization and complete your application. To prevent unnecessary hold-ups, you will require to have the following: The business name and company structure you have chosen, or your service registration and UBI number from the Department of Profits.

Your continuous contractor surety bond or assignment of cost savings.  Find More Details On This Page  of basic liability insurance. Your registration charge. Extra methods to register You can mail your completed, signed, and notarized Application for Specialist Registration (F625-001-000) to the address listed below in addition to: Constant contractor surety bond or project of cost savings. Certificate of general liability insurance.

Unknown Facts About Business insurance for artisan and service contractors

Mail to: Professional Registration, P.O. BOX 44450Olympia, WA 98504-4450 All signatures on your application should be original and notarized. We can not accept a copy of your application. Completed applications submitted by mail are currently taking 3-4 weeks after invoice to process and activate your registration. When your service is signed up, it will be listed in our Verify a Specialist, Tradesperson, or Company tool.