Utah Admin. Code R590-274-6 - Contract Requirements
(1) A contract
shall contain the following:
(a) the name of
the company that employs the public adjuster;
(b) the mailing and physical addresses of the
public adjuster's principal place of business;
(c) the public adjuster's telephone and fax
numbers;
(d) the license number of
the public adjuster and the employer;
(e) the public adjuster's email
address;
(f) the public adjuster's
website, if applicable;
(g) the
date and time the contract was signed and, if applicable, the service of
process address for a nonresident public adjuster;
(h) a general description of services the
public adjuster will provide under the contract;
(i) a description of the claim, property
damage, location, and event;
(j) if
based on an hourly rate, a provision that the public adjuster shall provide an
invoice for services that includes a detailed listing of service provided and
separate costs payable to the public adjuster as part of any commission based
on the claim settlement, including expenses, direct costs, and any other
accrued costs; and
(k) any term or
condition that applies to the contract.
(2) A contract may not contain a term or
condition that limits or nullifies any law.
(3) A signed copy of the contract shall be
provided to the insured at the time of signing.
Notes
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