Assignment of Benefits
When sudden or accidental damage occurs, your insurance policy likely requires you to prevent further property damage. However, not every homeowner has money readily available to pay for these services on an emergency basis. This is where an Assignment of Benefits comes in handy.
An Assignment of Benefits is a document that allows restoration companies (e.g. water mitigation, mold testing, mold remediation, plumbing, etc.) to bill your insurance company directly - instead of you - for its services. This means that restoration and/or repair services do not have to wait until your claim settles for the work to begin. Instead, companies that perform work on assignment of benefits can commence work right away so that homeowners can comply with their insurance company's requirement to prevent further property damage. The assignment then allows your insurance company to negotiate payment of the restoration invoice directly with the restoration company. Assignments of Benefits have been legal and valid in Florida for over 100 years despite the for-profit insurance industry's repeated attempts to stop them.
In order to better assist property owners during the claims process, Flat Fee Legal Service represent many contracting companies throughout Florida as well. We have the expertise and experience to ensure that their invoices are paid by your insurance so you do not have to pay out-of-pocket. This way, you can keep 100% of your insurance recovery to repair your damaged property.
If you are searching for an assignment of benefits lawyer in Florida, get in touch with Flat Fee Legal Service today.