Wyoming Contractor Deposit Rules (2026): No Cap, a 3-Day Cancel on Storm Repair
Wyoming sets no deposit cap. An exterior storm damage repair contract can be cancelled for 3 business days, later after an insurance denial, and payments come back within 3 days. From W.S. 40-12-705.
Not legal advice. General information from each state's statutes, checked Oct 28, 2026. Local rules and the facts of your contract can change the answer; for a specific contract, ask a lawyer licensed in your state.
Set the deposit
Every payment tied to a stage
The deposit and payment schedule in the Clamp app: a $1,000 deposit due when the customer signs, then every other payment tied to a stage of the job. $1,000 on this $17,699 bathroom is under every state's cap. Sample data.
What the law says
“within three (3) business days of the date on which the contract was entered”
The maximum deposit, worked
| Contract price | How it works out | Maximum deposit |
|---|---|---|
| $8,000 | Storm repair: no cap; refundable for 3 business days, later after a denial | No cap |
| $25,000 | Storm repair: no cap; refundable for 3 business days, later after a denial | No cap |
| $60,000 | Storm repair: no cap; refundable for 3 business days, later after a denial | No cap |
Who it covers and the exceptions
Covers
Contracts to repair or replace roof, siding, or gutter systems after wind, hail, or other weather damage to a residential building of up to four units, including farm and ranch structures (W.S. 40-12-701).
Cancel window
3 business days after signing, or 3 business days after the insurer's written denial in whole or in part, whichever is later (W.S. 40-12-705(a)).
Refund
Payments and any note or evidence of debt returned within 3 days of cancellation; the notice form says 3 business days (W.S. 40-12-705(d)).
Waiver
The consumer may waive the cancellation period only in a signed writing after the insurer approves the claim in writing (W.S. 40-12-705(b)).
Wyoming deposit questions
Can I cancel a storm damage roofing contract in Wyoming?
Yes. You have 3 business days after signing, or 3 business days after your insurer's written denial, whichever is later, and payments must be returned within 3 days (W.S. 40-12-705).
Is there a cap on contractor deposits in Wyoming?
No. W.S. 40-12-701 to 40-12-706 set no deposit limit; they give a cancellation right and require refunds after a timely cancellation.
Compare other states
How we checked
We read each state's statute or licensing rule on the official legislature or agency site and quote it as written. Where the official site would not load, the row says so and names the copy we read. A state stays "still being checked" until we have read the full rule; we never mark it "no cap" before then. Last checked .
This guide explains what the statutes say. It is not legal advice; for a specific contract, ask a lawyer licensed in your state.