AN ACT relating to the prevention of harmful practices associated with property and casualty insurance.

This law adds new consumer protections around contracts for real estate goods or services that are tied to property and casualty insurance claims. It gives Kentuckians the right to cancel such a contract within five business days if their insurer notifies them the work will not be covered, and it sets clear notice and cancellation requirements that contractors must follow. Penalties apply to businesses that violate these rules. Who it may affect: homeowners and property owners who hire contractors after filing a property or casualty insurance claim, and the contractors or companies offering those services.

Open official bill text (PDF)·Report a problem with the summary