When an insured suffers a loss, they sometimes do not have the resources up front to make the repairs to their property. In many states, an insured can hire a contractor to perform the work in exchange for a post-loss...more
3/27/2018
/ Anti-Assignment Clauses ,
Assignment of Benefits (AOB) ,
Contractors ,
Insurance Claims ,
Insurance Code ,
Power of Attorney ,
Property Damage ,
Public Adjusters ,
Settlement Negotiations ,
State and Local Government ,
Unfair or Deceptive Trade Practices ,
Unlicensed Practice of Law
In Florida and other states, a post-loss assignment of insurance benefits (or AOB) has become commonplace and a hot-topic issue. The typical scenario is that after suffering a loss, the insured assigns the right to policy...more