Colorado is known for its stunning landscapes and picturesque views, making it an ideal place to call home. As the seasons change and the holidays approach, it’s essential to know the regulations impacting the roofing industry. Senate Bill 38, also known as SB38, has made a significant impact by outlawing the practice of waiving deductibles. Let’s delve into the details of this bill and its implications, particularly in relation to Roadhome Exteriors.
Understanding Colorado Senate Bill 38
SB38 was enacted to safeguard consumers and insurance companies while establishing guidelines for the residential roofing sector. The bill sets forth a series of regulations that apply to all residential roofing contracts amounting to $1000 or more. These regulations include the following key provisions:
1. Signed Contracts
According to SB38, every homeowner engaging a roofing company must enter into a contract. This contract must contain specific details such as the scope of work, insurance deductible statement, cancellation policy, and more. By ensuring these contracts are in place, the bill aims to promote transparency and protect the interests of homeowners and roofing companies.
2. Insurance Deductibles
The most noteworthy aspect of SB38 is its prohibition on roofing contractors paying, waiving, or rebating a homeowner’s insurance deductible. This also includes any form of advertising that promotes such offers. Homeowners must be aware that if a roofing company claims to waive deductibles, they are engaging in an illegal practice, and both the homeowner and the roofing company can face legal consequences. Furthermore, SB38 clarifies that if a roofing company waives a deductible, the insurance company is not obligated to consider the roofer’s quote.
Roadhome Exteriors: Committed to Compliance
At Roadhome Exteriors, we prioritize our customers and their roofing needs. We understand that navigating the insurance process can be daunting, which is why we’re here to help. Our dedicated team is committed to adhering to the letter of the law, ensuring that all parties involved are protected and well-informed.
If you suspect that your roof requires repair or replacement, we encourage you to schedule a complimentary consultation with us today. As your trusted partner in roofing, we are prepared to guide you through your options and find a solution that suits your needs and budget. Contact Roadhome Exteriors today to embark on your roofing journey with confidence.
Kindly be aware that the information shared here does not constitute legal advice; it is purely for informational purposes. For more information about the Colorado Senate Bill 38, click here.
