Topic:
Home Repair and Remodeling Act
(Williams, D-Chicago; Wilhelmi, D-Joliet) makes a number of changes to the Home Repair and Remodeling Act some of which are as follows. (1) Prohibits a contractor from advertising or promising to pay or rebate all or any portion of any insurance deductible. (2) Prohibits a contractor from accepting money or any form of compensation in exchange for allowing an out-of-area contractor to use its business name or license. (3) Allows a person to cancel a written contract with a contractor to be paid from the proceeds of a property and casualty insurance policy. Cancellation is allowed before midnight on the earlier of the fifth business day after the insured has received written notice from the insurer that all or any part of the claim or contract is not a covered loss under the insurance policy or the 30th business day after receipt of a properly executed proof of loss by the insurer from the insured. (4) Imposes a $250 civil penalty for a roofing contractor for failing to put the licensing number and licensee’s name on its commercial vehicles. No penalty is imposed if this is corrected before the hearing on the civil penalty. Effective January 1, 2012.