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are you guys BONDED??

Discussion in 'Business Operations' started by stephen424, Jul 16, 2009.

  1. stephen424

    stephen424 LawnSite Senior Member
    Posts: 730

    was just speaking with a potential client and she asked me if i was licensed, insured AND bonded.

    i'm licensed and insured, but i'm not bonded. was wondering if most of you are bonded.
    i'm not sure why i would need to be bonded when i carry 2 million in insurance...
  2. bohiaa

    bohiaa LawnSite Fanatic
    Posts: 5,220

    to answer your Q.... NO.

    I was asked once and I told the Gentelman that we havent never had any kind of issue in that area..... as in if an employee steals from a homeowner.
    he gave us the job
  3. stephen424

    stephen424 LawnSite Senior Member
    Posts: 730

    it was a strange question because it's a commercial property and there's nothing to steal. only thing i can steal is some blades of grass.
    i was just wondering if its worth spending the money to get bonded.
  4. Yater

    Yater LawnSite Senior Member
    Posts: 687

    The homeowner doesn't know what bonded means. Call her bluff and say "why in the **** would I take a bond to cut your yard?"

    edit: just saw the commercial comment. Some require it in a contract.
    Last edited by a moderator: Jul 17, 2009
  5. delphied

    delphied LawnSite Silver Member
    Posts: 2,067

    I have only had one customer ask that. I said no I am not bonded but I did show her my insurance paperwork.
  6. openbook

    openbook LawnSite Member
    Posts: 215

    I thought a bond only pertained to inside work.
  7. Yater

    Yater LawnSite Senior Member
    Posts: 687

    A bond is insurance that you will do what you promise. Think of a bail bond. Someone posts a bond and his held accountable if you fail to deliver.
  8. Yater

    Yater LawnSite Senior Member
    Posts: 687

    If she wasn't signing a commercial contract, you should have told her that she needs to be bonded as well before you sign anything....then leave (because she's a pita and a moron).
  9. stephen424

    stephen424 LawnSite Senior Member
    Posts: 730

    why would they require me to be bonded tho.
  10. cod8825

    cod8825 LawnSite Senior Member
    Posts: 501

    We have a contract with our State Dept of Transportation. We are bonded because we are required to be. A bond means the bond company will find some other contractor and pay for the work that has not been completed to be completed as according to contract specs. Trust me it is a nightmare of a process to get your company bonded.


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