Loudermilk, Phillip Ray

In North Carolina a construction project with costs of $30,000 or more requires a contractor to be licensed.

Loudermilk, Phillip Ray currently holds license 72139 (Building), which was Active when we last checked.

Contractors in North Carolina must take an exam administered by PSI licensure certification in order to become licensed.

Although state law does not require contractors to carry general liability or workers' compensation insurance, hiring contractors who do have an active policy of each insurance is highly recommended. Request a copy of each insurance certificate for your records before any work begins.

Contractors in North Carolina do not have to obtain a surety bond to perform work on residential properties. Homeowners have financial recourse in North Carolina through The Homeowners Recovery Fund, which provides assistance to eligible North Carolina homeowners who have suffered a financial loss caused by the dishonest or incompetent conduct of a licensed general contractor.

Licensed contractors must furnish proof of financial responsibility to obtain a limited, intermediate, or unlimited license according to a company's working capital. Working capital is current assets minus current liabilities.

The BuildZoom score is based on a number of factors including the contractor's license status, insurance status, verified work history, standing with local consumer interest groups, verified reviews from other BuildZoom users and self-reported feedback from the contractor.

When it comes to major construction work or even minor alterations to your home, hiring the wrong contractor could result in incomplete or defective work. You may even find yourself dealing with huge liability claims. BuildZoom does the homework for you and helps you hire the right contractor.

Before hiring a contractor in North Carolina, be sure to get at least 3 detailed bids. Quality contractors will take the time to explain their budget proposal, and help guide you through the estimate process. Be wary of an abnormally low bid, they are not worth the risk. These underpriced projects often do not end well for the homeowner, choose a contractor you trust and can clearly communicate with. BuildZoom has made the bid collection process extremely simple (and free). Just click here to get started.