CT HB05327

Expands the definition of "home improvement" to include water, fire, storm restoration and mold remediation services for private residences and residential rental properties, effective January 1, 2017.

Requires persons performing repair, remediation or mitigation work on insured properties to provide written notice of scope and estimated price, and disclose the insured's right to be named as a joint payee on insurance payments.

Allows insureds to waive the three-business-day cancellation right for emergency repairs by providing a separate, handwritten, signed statement describing the bona fide emergency.

Voids any repair, remediation or mitigation contract that fails to comply with required disclosures and prohibits contracts containing powers of attorney or waivers of legal rights.

Requires home improvement contracts for restoration work to be in writing, signed by both parties, include contractor registration information, and disclose all entities in which the contractor's owners have had financial interest in the previous five years.