Oklahoma Bill Seeks to Prohibit Roofing Contractors from Covering Insureds’ Deductibles

On March 3, by a vote of 77 to 11, the Oklahoma House of Representatives passed House Bill 1940, which would prohibit roof contractors from paying any part or waiving of an insured’s deductible when the funds for repairing or replacing a roofing come from an insurance business as an outcome of a property damage claim. In the Bill’s existing type, every roof professional must alert the guaranteed in writing of the provisions of the statute (assuming this Bill ends up being a statute). It is possible the Senate will pass the Bill as currently worded, but it is likewise possible the Senate will make changes to the Bill. The Senate might decide to not pass the Bill, and if that occurs then the Bill will not end up being law. We will follow the status of House Bill 1940 as it continues to move through the legislative process, and we’ll notify you of any substantive modifications to the Bill as the procedure moves forward.

In the Bill’s existing form, every roofing specialist need to inform the insured in writing of the arrangements of the statute (assuming this Bill ends up being a statute). It is possible the Senate will pass the Bill as presently worded, however it is likewise possible the Senate will make changes to the Bill. We will follow the status of House Bill 1940 as it continues to move through the legislative process, and we’ll notify you of any substantive changes to the Bill as the procedure moves forward.