roofing

Florida’s Assignment of Benefits Crisis Leads to NEW Rules for Roofers & Insurance Claims

Florida’s Assignment of Benefits Crisis Leads to NEW Rules for Roofers & Insurance Claims

In Florida, roofers and other repair professionals have been able to be signed on to essentially manage claims for the policyholder often times through what is known as assignment of benefits (AOB). The result? Inflated claims and heightened volumes of lawsuits that have driven up insurance companies’ legal costs thus increasing monthly premiums for homeowners.

New regulations mean that roofing contractors can no longer solicit property damage claims, or risk a $10,000 fine for each violation. Our public adjusters discuss how this impacts roofers and homeowners in Tampa Bay.