CT HB06967

Establishes requirements for assignment agreements that transfer post-loss insurance benefits to contractors, including written execution, 14-day rescission rights, itemized cost estimates, and mandatory disclosure notices in 18-point boldface type, effective January 1, 2026

Limits emergency/urgent circumstance assignments to $3,000 or 1% of coverage limit (whichever is greater) and prohibits assignment agreements from including bank fees, cancellation penalties, or administrative fees

Requires assignees to provide 10 business days written notice before suing insurers, submit to examinations under oath, and prohibits them from filing claims, collecting payment, or placing liens against homeowners for work covered under assignment agreements

Prohibits contractors from offering inducements (rebates, waivers, gifts) to homeowners to waive insurance deductibles or file roof damage claims, and requires roofing advertisements to disclose deductible responsibility and insurance fraud penalties

Expands home improvement contract cancellation rights to allow cancellation within 3 business days after contract signing or after receiving notice of insurer claim denial, whichever occurs last, effective October 1, 2025