Five Things to Consider When Applying for Your General Contracting License in NY
If you are considering pursuing a general contractors license in New York State, you need to be prepared to pass the application process. To begin the process, here are five factors to consider and obtain before applying for your NY general contractor license.
1. Where Will You Be Working?
Since NY general contractor licenses are issued at the county or municipality level, you will want to research the area where you will be working. Each city or county may have different restrictions or requirements to be issued a license to work in that area.
2. Do You Have Employees and the Necessary Insurance?
If you have employees and are considering applying for a general contractor license in New York, you will need to have proof of worker’s compensation insurance for your employees. Other insurance requirements can include disability for your employees and general liability.
3. Can You Pass a Background Check?
Many municipalities, including NYC, require that those applying for a general contractor or home improvement contractor license pass a background check. This can include meeting financial requirements. In NYC, you must provide bank statements showing a minimum balance in your business account over the last 12 months.
4. Do You Have a Physical Address in New York?
Businesses that are from outside of New York may need a permanent business address within New York to be considered for a general contractor license.
5. Do You Perform or Oversee Electrical, Plumbing or HVAC Work?
A general contractor license does not necessarily cover all types of construction projects. A separate license may be needed for overseeing electrical, heating, cooling or plumbing projects.
Obtaining a general contractor license in New York has many requirements. Let us help you meet the specifications for insurance to cover your business and employees. The Clausen Agency, Inc., offers the insurance coverage you need with exceptional service. Our mission is to give our clients and team members the feeling of family while protecting their future. Contact us today for a no-obligation quote for your general contractor business’ insurance needs.
Personal Lines New Policy Underwriting Team
Personal Lines New Policy Underwriting Team
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