language to be deleted (2) new language
relating to insurance; requiring notification of the statutory prohibition against payment of rebates or deductibles by residential contractors;
amending Minnesota Statutes 2016, section 325E.66, subdivision 1.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
A residential contractor providing home repair or improvement services to be paid by an insured from the proceeds of a property or casualty insurance policy shall not, as an inducement to the sale or provision of goods or services to an insured, advertise or promise to pay, directly or indirectly, all or part of any applicable insurance deductible or offer to compensate an insured for providing any service to the insured. If a residential contractor violates this section, the insurer to whom the insured tendered the claim shall not be obligated to consider the estimate prepared by the residential contractor.
For purposes of this section, "residential contractor" means a residential roofer, as defined in section 326B.802, subdivision 14; a residential building contractor, as defined in section 326B.802, subdivision 11; and a residential remodeler, as defined in section 326B.802, subdivision 12.
Presented to the governor May 21, 2018
Signed by the governor May 30, 2018, 10:32 a.m.
Copyright © 2018 by the Revisor of Statutes, State of Minnesota. All rights reserved.