The SB 1432, which became effective on January 1, 2009, amended Californiaâ€™s law for claims toward home improvement contractors. The new law states that a homeowner may make a claim against the contractorâ€™s bond only if the damages happened when the homeowner did not intend on selling the home. The law also makes a change to the time limit of making the claim, based on the contractorâ€™s licensing period.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.