Editorial: Time to bring water damage claims abuse under control
It is possible, or even likely, that Florida is at a critical juncture when it comes to dealing with abuse of the legal right called “assignment of benefits,” or AOB.
A quick reminder: AOB is when distressed homeowners sign contracts for emergency repairs (such as a broken water pipe), typically without knowing they’ve forfeited all of their insurance rights and benefits — including the right to sue. This allows the contractor to bill the insurance company directly, and get the proceeds directly.