We hired a contractor to rebuild our house after a fire. He is reluctant to give us a completion date. He has not officially started building but has a building permit- we paid for out of pocket. We have money from our insurance but would like to utilize our construction loan at some point. Our goal is to pay the least interest on the loan as possible. We also need some assurance the builder will stick to budget and complete the home on time. Can you help us with these concerns or have a sample contract, please? Thanks! Diane M

About The Expert

Amy Bach

Amy Bach has been a professional advocate for insurance policyholders since 1984 and an attorney since 1989. She co-founded United Policyholders in 1991 and serves as the organization's Executive Director and primary spokesperson; shaping and overseeing the Roadmap to Recovery™, Roadmap to Preparedness, and Advocacy and Action programs. She is a nationally recognized expert on insurance claim and legal matters; frequently interviewed in print and broadcast media, and the author of numerous publications including "The Disaster Recovery Handbook", "WISE UP: The Savvy Consumer's Guide to Buying Insurance" and consumer tips and guides in the UP Claim Help Library.  Recognized by Money Magazine as a Money Hero, Bach is in her eighth consecutive term as an official consumer representative to the National Association of Insurance Commissioners, and is a member of the Federal Advisory Committee on Insurance.