If your home is suddenly damaged by water, weather, or some other event, you will want to do whatever it takes to get the damage fixed as soon as possible. This is especially true when the damage to your home makes it impossible for you to remain there until repairs are made. Unfortunately, this places you in a vulnerable position, a position in which unscrupulous contractors could take advantage of you. In fact, there has been a dramatic increase in recent years of instances of fraud involving assignment of benefits forms. These forms, when used legitimately, enable homeowners to get their properties repaired quickly and without having to pay for the repairs up-front by allowing payments to go directly from the insurance company to the contractor.
When assignment of benefits forms are used in a fraudulent manner, contractors often submit inflated claims to insurance companies, exaggerating the value of the work that was performed. Since a homeowner who signs an assignment of benefits form gives the contractor control of that insurance claim when they sign the form, the contractor can even sue the insurance company “on your behalf” for payment of the inflated claim.
The services provided by legitimate contractors after a loss are valuable. But an insured should be wary of unscrupolous contractors. Be sure to check licenses, credentials, and obtain recommendations before signing any forms.
An experienced Miami Homeowner’s Property Damage Insurance Claims Lawyer can help you to resolve issues associated with assignment of benefits fraud and any other issues that may arise regarding your homeowner’s property damage insurance claim. Please contact my Miami insurance dispute law firm if you have any questions regarding Florida homeowner’s property damage insurance claims. My law firm represents policyholders in claims disputes in Miami and throughout Florida. The Law Firm of J.P. Gonzalez-Sirgo, P.A. offers free consultations and case evaluations. No Recovery, No Lawyer Fees. Call (305) 461-1095 or Toll Free 1-866-71-CLAIM.