Texas Roof Deductible Law

Roofers who waive deductibles are cutting corners.

Texas roof deductible law.

Payment of deductible required. Under the recently approved texas house bill 2102 any roofing contractor that offers to waive your deductible on your property insurance could be facing criminal charges. This new law will help further protect consumers said texas insurance commissioner kent sullivan. A new state law makes it clear that it s illegal for a contractor or roofer to waive an insurance deductible.

A policy with replacement cost will pay 17 000 20 000 3 000. Take your business elsewhere. A policy with actual cash value coverage will take into account the age of your roof. This new law will help further protect consumers.

So roofers are now required to state in their contract in boldface language that you must pay the deductible under your property insurance policy. A new state law makes it clear that it s illegal for a contractor or roofer to waive an insurance deductible. Take your business elsewhere texas insurance commissioner kent sullivan. Hb2102 prohibition against waiving of deductibles available here the waiving of deductibles has been improper in texas since 1989.

Roofers who waive deductibles are cutting corners. This law takes effect september 1 2019. Specifically the payment of the deductible of which the homeowner is responsible for paying. This is usually done with a depreciation schedule.

A person insured under a property insurance policy shall pay any deductible applicable to a first party claim made under the policy see tex. Let s say it will cost 20 000 to replace your 10 year old roof after hail damage and your home policy has a 3 000 deductible. A new law if approved by gov. It is not a completely new law but rather a clarification and more carefully worded version of the deductibles law that has been around for years.

It is a win for reputable contractors as it will punish contractors who waive or otherwise don t collect insurance deductibles from their clients. Under texas house bill 2102 approved in the most recent legislative session roofing contractors who offer to waive a homeowner s deductible on their property insurance policy could face jail time. Abbott is designed to end the illegal. Hb2102 is the new deductible law that went into effect september 1 st 2019 only 3 months after it was signed by the governor.

To get the job texas roofers often offer homeowners a free roof by agreeing to pay the homeowner s insurance deductible. The new law entitled payment of insurance deductible goes into effect september 1 2019 and will be located in chapter 707 of the texas insurance code.