Home Improvement Guaranty Fund
The Department of Consumer Protection maintains the Home Improvement Guaranty Fund. This fund was created and is replenished from annual assessments of registered contractors, and can be used to help satisfy an unpaid judgment (or court-confirmed arbitration decision) to a homeowner. A homeowner may be eligible for up to $25,000 from the Fund if they had hired a registered home improvement contractor and the resulting problem meets certain criteria.