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Without knowing the state, in which you are operating, I cannot say for sure, but I am guessing there is not a particular law that requires it, but rather the individuals, for which you are house-sitting, require it to ensure you are able to pay for any damage to the property that you may cause. By being bonded and insured you are ensuring there are funds available to pay for any damage you may cause.
What else can I help you with?
Is it necessary to be licensed and bonded for a pet sitting business?
If I have a business license for pet sitting, do I need to be bonded as well?
What is licensed bonded and insured?
license......a business permit issued by a city or county government. The term bonded or insured is basically the same thing. Bonded usually applies if someone handles money or other valuables.
What is your first step in opening a small security company?
Get bonded and insured. Get your business license. Then, get some reliable people with experience. Get the word out.
How to start a small Home Improvement Business in Rhode Island?
No matter what state you are in, if you desire to start a home improvement business you will need a business license and will also need to be bonded and insured.
Can a person earn an income legally as a handyman in the state of California?
Most States require you have a business license and be Bonded (Insured) Call California Office of Commerce for details and requirements.
Are you licensed, bonded, and insured?
Yes. We are licensed, bonded, and insured.
Should you get bonded and insured to do stucco?
If you need a contractors license then the state would require you to have liability and a bond.
How does one get a pawn shop license in ct?
You go to the local police department. And apply there with the town. You have to be bonded and insured. You have to pay $50 for the license
Can my husband convicted felon get insured and bonded so he can start his own business?
Insured yes. Bonded, well, that may be a problem with a felony on his record. FYI: Insurance is better than bonding anyway.
Is licensed bonded and insured the same thing?
No, "licensed," "bonded," and "insured" are not the same thing, though they are often related. Being "licensed" means a business or professional has obtained the necessary permits to operate legally in their field. "Bonded" refers to having a surety bond, which provides financial protection to clients if the business fails to fulfill its obligations. "Insured" means the business has liability insurance to cover potential damages or accidents, protecting both the business and its clients.
If you are a sole proprietor in a service industry do you need to get bonded?
This depends on your business classification and your local business statutes. If you determine you do need to be bonded, contact your local insurance agent and buy an insurance bond. The type of bond will depend on your business classification. Most likely what you actually need is for your business to be " Insured ". In other words. Commercial General liability. Many if not most Bond Issuers will not issue you a bond if you do not carry appropriate Insurance for your business venture. being Bonded is not the same as being Insured.
What should I look for when comparing roofing companies?
You should look to see if they are bonded and insured. Also, see how long they have been in business.
