IMPORTANT CONTRACTOR UPDATE: Good Faith Estimates Required Before Signing Insurance Proceeds Contracts
In addition to the new employee misclassification laws (my summary of that law can be found here: https://hjlawfirm.com/important-contractor-update-changes-to-employment-independent-contractor-laws/), another law was recently passed targeting insurance restoration contractors. Effective August 1, 2024, when signing a contract that involves insurance proceeds, the customer must be given a good faith estimate of total project cost before the contract […]