House Bill (HB) 1183, enacted by the 83rd Texas Legislature and effective on Sept. 1, 2013, established prohibited conduct of insurance adjusters, public insurance adjusters and roofing contractors under the Insurance Code.
Running a full-service roofing contractor company means setting yourself apart from competitors. Offering customers the choice to work with one company instead of tracking down a litany of teams to rebuild after a storm is paramount to the success of a fully integrated, full-service contractor. That being said, staying in compliance with the law means you get to keep your doors open.
“Recent legislation protects consumers from a clear conflict of interest. A licensed adjuster cannot serve as both the adjuster and roofing contractor on the same project and vice versa,” said Commissioner of Insurance Julia Rathgeber. “Our goal in issuing this bulletin is to educate both the industry and consumers and ensure compliance with the law.”
Being aware of the myriad of different codes and laws pertaining to roofing and adjusting can be a meticulous process, but Balance has your back.
What Does This Law Mean For My Business?
If you’re a full-service contractor offering roofing, siding, storm damage, and adjusting services it is imperative that you maintain a separation between your roofing contracting team and your adjusting team. If you’re offering education classes to insurance adjusters, make sure you’re staying in line with the law by keeping your departments separate from one another.
For more information on this law and how it affects your business, check out the source article here.