Is an answering service worth it for a contractor?

An answering service is worth it if the alternative is voicemail, and it is a waste if the alternative is someone in your office who can actually book the job. For most contractors the honest ranking is a real person first, an automatic text second, and a live answering service third, filling the hours the first two cannot cover.
What each of the three actually does
A live answering service is a person in a call center who picks up under your company name, takes a name and number and a rough description of the job, then sends you a message. They do not know your pricing, your schedule, or your service area unless you have written it down for them, and even then they are reading a script.
A real person means somebody inside your company, on payroll or on a part time arrangement, who answers the phone and can say yes to things. They can quote a range, put a date on the calendar, and tell the difference between a homeowner with a bathroom floor and a property manager with nine units.
A text bot is an automatic reply that fires when a call comes in and nobody picks up. It sends a short message from your business number saying you missed them and asking what they need. It does not decide anything. It buys you time and keeps the conversation open in a channel most people answer faster than a callback.
Where the answering service earns its money
It earns its money in the hours you were never going to cover. Evenings, weekends, the middle of a spray job, the two weeks a year you are out of town. A caller who gets a live human at seven on a Saturday behaves like someone who found an open business. A caller who gets a voicemail greeting mostly behaves like someone about to call the next name on the list.
It also protects you from the worst version of a missed call, which is the one you never learn about. A service logs every call whether the caller leaves a message or not, so at minimum you end up with a list of people who tried.
Where it quietly costs you
The gap is that an answering service can take a message but cannot advance a job. The caller has to explain their project a second time when you call back, and the second telling is always shorter and less enthusiastic than the first. Anyone who has answered their own phone for a season knows the difference between a fresh caller and a caller repeating themselves.
The other cost is tone. A script that does not know your trade produces messages like "wants an estimate on flooring, no other details," which tells you nothing about whether that is a bedroom or a warehouse. If you use a service, write the intake questions yourself, keep it to four or five, and make one of them the address. The address tells you more about the job than anything else on the sheet.
The order to put them in
Cover the miss first, then improve the answer. An automatic text costs the least and closes the most obvious hole, which is the caller who rings during business hours while everyone is on a ladder. That is the whole argument for missed call text back, and it is the cheapest thing on this list by a wide margin.
Then decide who handles the ones that come back. If your volume supports a person, a person wins, because the goal of answering is not politeness, it is a booked appointment. If volume does not support a person yet, a service covers the after hours calls that would otherwise die in voicemail, and the automatic text handles the daytime overflow.
What you should not do is run a service instead of ever picking up. Customers can tell within a sentence, and a contractor who is never reachable directly reads as a contractor who will be hard to reach when something goes wrong on site.
What we do in our own companies
We run painting and flooring companies in Bellingham along with the licensed Washington general contractor they operate under. Every inbound call hits a real number, an automatic text goes out the moment one is missed, and the caller lands in the same record the estimate will eventually come from. No sticky notes and no second inbox to check.
The part that matters is not which tool answers. It is that the call, the text, the estimate, and the follow up all live in one place, so nobody has to remember who called on Saturday. That is what we mean by running lead capture and follow up on one system. We cannot tell you an answering service will pay for itself in your market, because that depends on your call volume and your average job size, and anyone quoting you a return on it has not seen either number. What we can tell you is that a missed call with no reply is worth nothing, and that is the easiest thing on this page to fix.
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