Talk of The Villages Florida - View Single Post - Roofing Insurance Fraud - AOB Scams - May/June 2024
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Old 05-25-2024, 09:12 AM
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Quote:
Originally Posted by Sabella View Post
Does anyone know when this law actually went into effect—- within the past eight months, TWO houses that I’m aware of, have gone through this insurance paying for roof scam?
Found this online: (highlights are mine)
Effective Removal of Assignment of Benefits Under Property Insurance Claims

SB-2A also significantly changes assignments in Florida as an assignment agreement must be executed under a residential or commercial property insurance policy on or after July 1, 2019, and before Jan. 1. Effectively, an insured will not be able to assign any rights under a residential or commercial property policy beginning in 2023.

Any attempt by an insured to assign post-loss property insurance benefits under a policy after Jan.1 will be void, invalid, and unenforceable. However, this prohibition of assigning post-loss insurance benefits may not apply to surplus lines insurers. It does not specifically state that it applies to a surplus lines insurer.

Now I have no idea what a "surplus lines insurer" is....
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