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The Dangers of Going with the Cheapest Quote for Wet Basement Repair

Whenever your home is in need of repair, it is worth reminding yourself that it is probably your most valuable asset. With this in mind, it would be foolish to pick a contractor to repair your wet basement on price alone. There are several other factors that are equally, if not more, important and if you neglect to consider them all, you could regret it. Below, we have listed some of the reasons why it might be a bad idea to go with the cheapest quote you receive.

Why You Should Think Twice Before Choosing a Wet Basement Repair Contractor on Price Alone

Before you decide which company to hire, consider the following dangers associated with hiring the cheapest contractor in the area.

  • No Insurance – The firm that sends you the lowest quote could well be cutting corners to keep their prices artificially low. One way in which contractors sometimes do this is by neglecting to arrange liability insurance that covers them when working in clients’ properties. Without such a policy, any damage to your home or injuries to their workers that are sustained during the basement repair could cost you a lot of money. For this reason alone, it is not worth taking a chance on a cheap and cheerful contractor.
  • A Lack of Experience – Until an individual contractor has gained plenty of experience in the industry, preferably under the tutelage of a more senior colleague, they are unlikely to be able to perform a wet basement repair to the same standard as somebody with many years of experience under his or her belt. With this in mind, it is best to steer clear of cheap contractors as they are often the most inexperienced too.
  • Underestimating the True Cost – If you receive a quotation that is significantly lower than any other you obtain, there is a good chance that the contractor responsible for preparing the quotation has underestimated the true costs of performing the work in question. Whether they try to compensate for this fact by submitting a much higher bill at the end of the job or by cutting corners to save money on materials and labour, the outcome is unlikely to be a satisfactory one for you as their customer.
  • Possibility of Long-Term Damage – Contractors who submit low quotations often rush the jobs they win, which can cause serious problems for their customers. A wet basement repair is not just about rerouting excess water and installing quality waterproofing, it should involve checking the structural integrity of your home as well. Damage to foundations could easily be missed by a contractor in a hurry and come back to haunt you at a later date.

To find out how much it will cost to have your basement repaired by a team of experts, call or email us whenever you have a few moments to spare. As specialists in wet basement repair, you can rest assured we will perform all the necessary work to the highest of standards.