Dive Summary:
- Roofing contractors in Colorado have new rules that require written contracts for any job worth more than $1,000, and the contracts have to spell out the buyer's right to back out under certain conditions.
- Customers can cancel contracts within 72 hours and need not provide a reason. They also can cancel if an insurer rejects the claim that was to have paid for the work. The buyer has to pay only for what has been done so far – and only as long as the work is up to industry standards.
- The law also puts a stop to a practice of contractors' offering to rebatre to the customer all or part of an insurance deductible.
From the article:
Every so often, the Colorado Legislature decides that some participants in an industry are engaging in acts adverse to the interests of consumers and a bill is passed to deal with the problem.... This year, the Legislature’s target industry was roofing contractors. ...