Assignment of Benefits Under Fire
February 10th, 2016 by Mike Vasilinda
In Florida, a growing number of third party administrators are getting homeowners to sign over their insurance claims with the promise of a bigger settlement. What they don’t know is that they lose control of the work and often end up with inferior or delayed work while contractors fight with insurers over inflated crimes. Roofer Rick Davis is part of a consumer movement to stop the assignment of benefits, which he says hurts consumers.
“This is wrong and very fraudulent activity and we need to get it dealt with. I’m fine with a check signed by the contractor and the homeowner and that way the homeowner stays in control of the construction activity” says Davis.
Davis and consumer advocates delivered a thousand petitions to legislative leaders, urging them to act on the assignment of benefits legislation.
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