I have a contractor who came highly recommended. However, when I checked the company registration with the state, I discovered the annual corporation licensing fee has not been paid. My question is: how does this affect the contractor’s liability and workers comp insurance? Are the policies void if the company does not maintain its state registration?
Only one way to find out, get proof of his insurance faxed over from his insurance company. Always, always, always look at the insurance paperwork before allowing someone to work for you.
His insurance co. should fax you a copy of his binder with YOUR name printed on it, not just a general binder or copy of policy. When your name is on it from the company, you know it’s up to date.