The proposed bill aims to address unfair practices related to residential real estate repair contracts and regulate the solicitation of residential contractors and tree trimmers. It introduces new definitions, including "soliciting," which refers to contacting an insured either in person or electronically, and specifies that soliciting does not include contacting through a published telephone number. Additionally, the bill defines "tree trimmer" and outlines the penalties for violations, including fines of up to $10,000 for residential contractors or tree trimmers who engage in prohibited practices.

The bill establishes several prohibited practices for residential contractors and tree trimmers, such as soliciting contracts from insured individuals, offering inducements for inspections or insurance claims, and interpreting insurance policy provisions. It mandates that any contract for roof repairs must include a notice regarding these prohibitions, allowing insured individuals to cancel the contract within ten days if the notice is not provided. Furthermore, the bill clarifies that contractors can recommend that insured individuals contact their insurance companies regarding coverage for repairs, as long as they do so within the bounds of the law.

Statutes affected:
HB 1308: 4-88-902, 4-88-905