Is hiring the cheapest contractor putting your home—and net worth—at risk? In this episode, master electrician James Martin of Mr. Sparky Electric exposes the hidden dangers of cutting corners on home repairs. Discover how one homeowner’s attempt to save money led to a near-disastrous electrical fire, and learn why unlicensed or uninsured contractors could cost you far more than you expect.
What You’ll Learn:
- The real risks of hiring unlicensed or uninsured contractors
- The three essential steps to verify any home repair professional: licensing, workers’ compensation, and general liability insurance
- How failing to vet contractors can leave you liable for injuries, denied insurance claims, and massive out-of-pocket losses
- Why keeping records of licensed repairs can protect your insurance claims and boost your financial security
- Practical tips for requesting credentials and spotting red flags before you hire
Whether you own a modest house or a luxury property, adopting a “wealth mindset” in home maintenance is your best defense. Tune in to learn how to protect your investment, avoid costly mistakes, and gain true peace of mind.
Du Charme Wealth Management: https://ducharmewealth.com/