CT HB05263

Assignment agreements for post-loss insurance benefits must be in writing, include itemized cost estimates, provide assignors a 14-day rescission period without penalty, and be delivered to insurers within 3 business days; non-compliant agreements are void and unenforceable (effective January 1, 2027)

Assignees must provide 10 business days written notice before suing insurers over claims, and insurers must respond within 10 business days with a settlement offer or require appraisal/alternative dispute resolution

Home improvement contractors are prohibited from offering deductible waivers, rebates, or gifts to induce owners to file insurance claims or enter contracts; prohibited advertisements for roof damage must disclose deductible responsibility and insurance fraud penalties

Home improvement contracts must include expanded cancellation rights allowing owners to cancel within 3 business days of signing or receiving notice of claim denial, whichever is later, with standardized cancellation forms

Insurance Commissioner must develop a consumer bill of rights regarding insurance and real estate by September 1, 2026, and post it on the Insurance Department website by October 1, 2026