FREE MHIC Knowledge Questions and Answers

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What coverage that can protect you from a range of claims of at least $50,000?

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The fund reimburses homeowners for genuine losses caused by the act or omission of a licensed contractor.

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An individual who offers home improvement contracts.

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A person who does or offers house improvements.

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Person who organizes and coordinates construction projects to satisfy the overall aims of the project and serves as the primary contact with the owner.

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A person who conducts all or part of a house improvement but does not engage into an agreement with the homeowner.

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What is the maximum amount of money that the Commission will award to any single claimant from the Guaranty Fund?

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___________ refers to the expense of restoration, repair, replacement, or completion caused by poor workmanship, insufficient materials, or unfinished house renovation.

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If the contractor fails to re-pay the commission within _________________, the Commission may sue for nonpayment.

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A contract's primary elements

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How long must employers keep OSHA Form 301?

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