Licensed, Bonded, and Insured

We are licensed, bonded, and insured and here’s what that means for you.

Licensed

Contractors in the city of Calgary and the Okanagan Valley must have a business license. Our business license lets you know we are not a fly-by-night operation; we’re dedicated to our clients and to our community. If you ever have a problem with a licensed company, you can report the company to the government agency or licensing bureau that issued its license. Avoiding such complaints is imperative to contractors like Moda because having a license is a requirement for us to keep working.

Bonded

Being bonded means that a bonding company has secured money that is available to the clients in the event they file a claim against the contractor. The secured money is in the control of the government as a bond and not under the control of the company. So, if you were to file a complaint against a contractor that has not completed a job and is reasonably and consistently unreachable, you may be able to get a portion of the bond amount returned.

A bondable contractor, such as Moda, goes through a vigorous underwriting process that includes data concerning professional credentials, personnel, financial statements, and ethics. As a result, you should expect a bondable contractor will perform at a high standard because the firm is capable of winning the approval of a bond underwriter.

Insured

We are insured, which means that, if someone gets hurt on the job, our insurance covers the claim, not yours. This is called liability insurance and, while it’s not a requirement for being in business in Calgary, all reputable contractors have it. Let’s say a company is fixing your roof and a roofer falls off and hurts himself. If the company isn’t insured, then the claim gets filed against your homeowner’s insurance. If the company is insured, then the claim gets filed against the roofing company’s insurance.