Home Page Facebook LinkedIn Blog Insurance Types Auto Insurance Home Insurance Mobile Home  Insurance Business Insurance


 by Amanda Richter    |  October 17, 2014   |

 

  • A couple weeks ago we wrote about a growing problem - contractors using “assignment of benefits” to hijack consumer water claims. This alarming trend is finding its way to the roofing industry. Just last week the Department of Financial Services (DFS) announced the arrest of five NBRC Roofing Company employees for allegedly organizing a $525,000 insurance fraud scheme

According to a press release from the DFS, the scam involved “visiting homeowners following a storm, convincing the homeowners roof repairs were necessary, helping the homeowners file insurance claims for repair and finally convincing the homeowners to give NBRC the sole right to make the repairs and the assignment of benefits for the insurance claim. But once NBRC was paid for insurance claim, the repairs would not be completed and the insurance money would be pocketed by NBRC employees.”

This is just another example of why assigning the rights to your insurance claim to a third party is a bad idea. When you sign a contract which contains an “Assignment of Benefits” (words to the effect of 'I transfer and assign any and all insurance rights, benefits, and causes of action under my property insurance policy' to the contractor) you sign the rights to your claim and any monies for your damage to that contractor in exchange for the contractor fixing the problem. If you disagree with how the contractor handles the repair or the amount charged you have given up your right to resolve the issue with your insurance company.

According to the DFS the below defendants were arrested in relation to this case:

  • Frank Martin Pureber, Apollo Beach
  • Carlton D Dunko, Tampa
  • Stacy Lynn Dunko, Tampa
  • Joel Samuel Deserio, Tampa
  • Alexander Josue Gomez, Riverview

Additional arrests are expected to be made of the following individuals:

  • Eric Shane Johnson, Bradenton
  • Christopher Michael Rios, Brandon
  • Benjamin Zebulon Matthews, Lakewood Ranch
The cases will be prosecuted by the Office of Statewide Prosecution.

How can you prevent this from happening to you?

  1. Call your insurance company first when you have a claim: they can help you partner with a reputable contractor and help explain what an “Assignment of Benefits” really means.
  2. Read any document you’re asked to sign: a contractor should only require you to sign a work authorization so if you see the phrase “Assignment of Benefit” do not sign.
  3. Unsavory contractors are especially prevalent after big storms when many Florida homeowners report damage. To avoid being a victim, prepare in advance by keeping a list of trusted contractors. Your insurance company may also be able to recommend experts. ASK THEM FIRST. It is to both your benefits to get quality work done at a reasonable price.

Amanda Richter Marketing LeaderAuthor:
Amanda Richter
arichter@aiicfl.com
Learn more about the author
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Site Links Location & Directions Contact Us
Home
About Us
Get A Quote
Customer Service
Newsletter
Contact Us
Auto Insurance
Home Insurance
Mobile Home Insurance
Business Insurance
Flood Insurance

  Mailing Address
1249 Cassat Ave
Jacksonville, FL 32205

 Contact Us
PH: 904-384-5535
FX: 904-384-1405
3845535@gmail.com
Mosley & Associates, Inc. BBB Business Review
Copyright Mosley & Associates, All rights reserved. Powered by Insurance Website Builder