Building the Future: Understanding the Different Types of Contractors

The Expert Podcast

🔍 Episode Overview:
In this episode, we dive into the world of building contractors—explaining the differences between general contractors, subcontractors, and specialty contractors. You'll also learn what kind of insurance they should carry and why it matters to you as a client.

🔑 What You'll Learn:

• The difference between licensed contractors, general contractors, and subcontractors
• Who the key players are in the construction industry
• Why specialty contractors (like electricians, plumbers, HVAC) require extra licensing
• The role of general contractors as project managers
• What types of tasks general contractors typically handle (e.g., framing, grading, site prep)
• How subcontractors contribute to a build—like roofing, electrical, plumbing, and HVAC installation
• What “dried-in” means in construction and why it’s a critical milestone
• The step-by-step scheduling involved in building a home or structure
• Why coordinating the order of trades (electricians, drywallers, painters) is essential
• The importance of inspections and how general contractors schedule them
• How delays in one part of the job can affect the entire construction timeline
• Risks on disorganized job sites—injuries, material waste, damage, and theft
• How good job site management prevents losses and keeps the project on track
• The types of insurance contractors should have (general liability, workers’ comp, bonds)
• Why it’s important to protect yourself from mechanics liens and unfinished jobs
• Tips on reviewing contractor insurance coverage to match your project’s needs
• The importance of being listed as an additional insured on the contractor's policy
• Why solid written contracts protect both clients and contractors

📌 Bonus Tip:
Don’t forget to leave your comments or questions—we may answer them in future episodes!