What is typically required from builders before commencing any residential work?

Before starting any residential work, builders are typically required to have the necessary insurance coverage. This requirement is crucial because it protects both the builders and the homeowners from potential liabilities that may arise during construction. Having adequate insurance means that in the event of accidents, property damage, or injuries, there is financial protection in place which can help cover costs associated with such incidents. This is not only a safeguard for the builders against possible lawsuits but also provides assurance to homeowners that their property and interests are protected throughout the construction process.

While aspects like oral agreements, project timelines, and building material estimates may be part of the planning process, they do not provide the same level of protection as insurance. Oral agreements can lead to misunderstandings, a detailed project timeline may help in organization but doesn’t account for unforeseen circumstances, and estimates on materials are often to establish budgets rather than to protect against liability. Thus, having the necessary insurance coverage stands out as a foundational requirement for commencing residential construction work.