AR HB1802

Prohibits residential contractors from advertising or promising to pay or rebate any portion of an insurance policy deductible as an inducement to sell goods or services.

Defines "promise to pay or rebate" to include granting allowances, offering discounts on contract fees, or providing compensation, gifts, prizes, bonuses, coupons, credits, referral fees, or other monetary value.

Requires contracts or estimates for goods or services priced at $1,000 or more that will be paid from insurance claim proceeds to include a specific notice in at least 12-point boldfaced type stating that insured persons must pay applicable deductibles and that it is illegal for service providers to knowingly assist in deductible non-payment.

Maintains existing requirements that residential contractors cannot commence work until the insured's 3-business-day cancellation period expires following notice of claim denial or partial denial.

Requires residential contractors to return all payments and deposits within 10 days of contract cancellation, except for reasonable compensation for emergency services already performed.