Senate Bill 38: Why Waving Deductibles is Illegal in Colorado

house with snowy sidewalk It’s a beautiful time of year in Colorado. The mountains are snowcapped, holiday decorations are up and we’re all in a festive mood. Though we’re all feeling generous, there is one thing that Denver roofers cannot offer: waived deductibles. Senate Bill 38 made this practice illegal. If this is news to you, take this opportunity to learn a bit more about the bill and the precedent it sets.

Colorado Senate Bill 38

Senate Bill 38 (SB38) was designed to protect consumers and insurance companies while regulating the residential roofing industry. The bill outlines a series of regulations, on all residential roofing contracts totaling $1000 or more. Stipulations include:

Signed ContractsElite roofing contract

SB38 requires a contract between a homeowner and roofing company. The bill goes on to state a variety of details that each contract must contain, including: scope of work, insurance deductible statement, cancellation policy and more.

Insurance Deductibles

SB38 explicitly states that it is illegal for a roofing contractor to pay, waive or rebate a homeowner’s insurance deductible. This also includes advertising such offers. If you are to see a roofing company offering an insurance deductible rebate, beware. This is an illegal practice and both you and the roofing company can face legal trouble. The bill goes on to state that if a roofing company waives a deductible, the insurance company is not obligated to consider the roofer’s quote.

Elite: Your Denver Roofers

At Elite Roofing we are committed to helping our customers through every step of the roofing process, from bid to final invoice. A big part of what we do is interface with insurance companies on our clients’ behalves. During this process we stick to the letter of the law, in order to protect all involved parties.

If you believe that your roof is in need of repair or replacement, we encourage you to schedule a free inspection today. As your premiere Denver roofers, we are prepared to help you understand your options and select a solutions that meets your needs and your budgets. With more than 10 years of experience, as leading Denver roofers, we are here for you. Contact us today!

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