Q. I'm just beginning to get bids for a large renovation project. The bids of the first three contractors are around the same amount overall, but there's an incredible discrepancy regarding insurance.
One of the contractors only has $13,000 listed for insurance, while another has insurance at over $50,000.
Why are the numbers all over the place?
A. There's an explanation, though it may not be very satisfying, say our experts.