Insurance Contingency Agreement Binding
Summary
If you sign an insurance contingency agreement in Michigan, you are generally bound to use the roofing company if your insurance claim is approved. However, you may cancel within 3 business days according to Federal Trade Commission rules. Always review the contract for specific clauses and consult a local attorney for detailed advice.Full Conversation
Am I bound to an insurance contingency agreement in michigan for roofing my home
Hello ****, generally speaking, you can be bound by an insurance contingency agreement if you've signed one. However, Michigan law may have specific rules. Can you provide more details about the agreement?
The agreement states that if my insurance company approves my. Lain I will use the roofing company
Hello ****, in Michigan:
- If signed, an insurance contingency agreement is usually binding.
- However, you may cancel within * business days as per Federal Trade Commission's rule.
- Always consult with a local attorney for specific advice.
Claim
Hello ****,
In Michigan, if you signed a contingency agreement with a roofing company, you could be obligated to use their services if your insurance claim is approved. However, specifics can depend on the contract's language:
- Check for a cancellation clause.
- Seek legal counsel for a thorough review.
Remember, this is just general advice.
Ok
Hello ****, I'm glad I could provide some information. If you have any other questions or need further clarification, feel free to ask!