MN HF2553

Requires insurers to provide homeowners with a copy of their nonrenewal plan at policy issuance and each renewal, rather than just written notice that future losses may result in nonrenewal.

Prohibits residential contractors from advertising or promising to pay all or part of insurance deductibles or compensating insureds for services as an inducement to purchase their goods or services.

Expands the definition of residential contractors covered by deductible payment restrictions to include residential roofers, building contractors, and remodelers, while removing siding contractors from the definition.

Prohibits residential contractors from representing or negotiating on behalf of property owners in insurance claims for roof repairs or other exterior work, though they may discuss contract terms with insurers after a claim is accepted.

Allows both insureds and insurers to bring civil actions against residential contractors who violate these restrictions to recover damages.