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Homeowners insurance laws warning issued by Minnesota Department of Labor

Homeowners insurance laws warning issued by Minnesota Department of Labor

Homeowners insurance laws warning issued by Minnesota Department of Labor
News from Live Insurance News:

The state is reminding people about regulations regarding deductible discounts from contractors.

The state of Minnesota is working with a number of large organizations to remind people about homeowners insurance regulations and what coverage behaviors are allowed.

Severe thunderstorms in the summer often have people calling insurers to ask about their coverage.

Though homeowners insurance policies will typically cover a number of different types of damage from severe weather, there are some rules that must be observed when choosing a contractor to perform the repairs. The Better Business Bureau of Minnesota and North Dakota (BBB) is working with the state to try to ensure that people use the best process for choosing their contractor.

Right now, the main focus of the BBB and the Minnesota Department of Labor and Industry’s Construction Codes and Licensing Division (CCLD) is to warn consumers of the state law that has been in place since 2010. This regulation says that contractors are not allowed to advertise or say that they will pay all or part of the deductibles of a customer’s homeowners’ insurance claim.

Contractors also cannot promise to provide a homeowners insurance deductible rebate.

According to the CCLD Licensing and Enforcement Services Unit manager, Charlie Durenberger, “The reason…………… continues on Live Insurance News

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