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You have three days to cancel a contract in writing after signing. If there will be a lien on your home, make sure a notary is present to witness your signature. A notary other than the salesperson must be present to witness you sign the document creating the lien.
No. A deductible is part of your home insurance policy. It's illegal for contractors to waive your deductible or help you avoid paying it.
In modern terms, contingent insurance refers to a policy that has an escape-type other insurance provision saying that it does not apply if there is another policy providing coverage.
Age of Roof and InsuranceSome insurers refuse to renew existing homeowner insurance policies on houses with roofs older than 20 years unless they pass a professional roof inspection. Insurers will not renew a policy that fails inspection without a roof replacement.
The new law includes the following changes: Homeowners must file property insurance, supplemental insurance, or reopened claims within two years. If a roof is less than ten years old, the insurance company must fully cover a replacement.