HB5881 Summary

• Allows contractors to discount total project costs when homeowners perform some of the work themselves, despite existing prohibitions on paying insurance deductibles.

• Requires contractors to return payments and deposits within 10 days of contract cancellation, minus any restocking fees for materials purchased in anticipation of work.

• Contractors may post a bond to ensure full contract performance, and upon posting such bond, they are entitled to receive full payment.

• Prohibits contractors from representing homeowners in insurance claims, filing claims on their behalf, or inspecting roofs without express written permission, though they may provide estimates and discuss repair options with insurers and homeowners.